Famous Are Divorce Fees Tax Deductible Ideas

Famous Are Divorce Fees Tax Deductible Ideas. In the above example, even though joseph is. It is important to understand what part of the settlement is taxable and to what party.

Retroactive Alimony Deduction Claim Denied by the IRS
Retroactive Alimony Deduction Claim Denied by the IRS from familylawtaxalert.com

Many other expenses, such as moving costs and mortgage payments, are not deductible. In the case of alimony, the amount is taxable to the person who receives the support. However, the tax cuts and jobs act suspends this benefit until 2025.

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