Searching for Tax Deductions Alimony Child Support information? Find all needed info by using official links provided below.
https://www.freep.com/story/money/personal-finance/susan-tompor/2018/12/19/divorce-alimony-income-tax-deduction/2310068002/
Dec 19, 2018 · Child support payments are not tax deductible by the payer or included as taxable income by the parent receiving that support. Who still gets a deduction? An important point to know: The tax rules...
https://www.hrblock.com/tax-center/income/other-income/alimony-and-child-support/
There’s a tax difference between alimony and child support payments. A person making qualified alimony payments can deduct them. Alimony payments received by the former spouse are taxable and you must include them in your income. The payor can’t deduct child support, and payments are tax-free to the recipient.
https://www.irs.gov/taxtopics/tc452
Jan 03, 2020 · Tax Treatment of Alimony and Separate Maintenance Amounts paid to a spouse or a former spouse under a divorce or separation instrument (including a divorce decree, a separate maintenance decree, or a written separation agreement) may be alimony or separate maintenance payments for federal tax purposes.
https://www.askthelawyers.com/tax-deductions-for-alimony-and-child-support/
Jan 25, 2019 · Child Support Payments, However, Are Never Deductible No non-custodial parent can claim them in taxes. This largely is attributed to the fact that child support payments are for the child and not for other expenses of a household belonging to the other parent.
https://support.taxslayer.com/hc/en-us/articles/360036515891-Alimony-Deduction-Spousal-Support-Eliminated-for-2019
Dec 31, 2018 · The rules before 2019 indicate the recipient of alimony was to report the income on the tax return and the payer could take a deduction for alimony payments made. No changes were made for child support. Child support payments are not deductible on your tax return.
https://www.divorcenet.com/resources/divorce/divorce-taxation/child-support-alimony.htm
Child Support Tax Rules. Different from alimony, child support payments are not deductible by the parent who makes the payments. Likewise, child support does not count toward the receiving parent’s taxable gross income. Either parent, however, may be entitled to a dependency exemption per child.Author: Teresa Wall-Cyb
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