How the New Tax Laws May Impact Alimony and the Advantage of Finalizing Agreement in 2018
- Posted by Alexander Nesson
- On June 18, 2018
The spouse paying alimony has been able to deduct the amount paid on his/her tax return and the spouse receiving it must report as income. However, for future divorce actions beginning in 2019 the spouse paying the alimony will not be able to deduct it and spouse receiving it will not have to report alimony […]
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