Is alimony taxable?
Alimony or spousal support payments are tax deductible by the payer and taxable income to the supported spouse, while…
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Alimony or spousal support payments are tax deductible by the payer and taxable income to the supported spouse, while…
→ Read MoreGenerally speaking, if the ex-spouse is steadily or regularly given money and support by his mother, all (or at least some of it) will likely…
→ Read MoreIf you are preparing for divorce proceedings, make sure you know what spousal support is, how it is calculated, and when court may order alimony payments.
→ Read MoreWhen your former spouse is not paying alimony, returning to divorce or family court should be your first action. Seek the help of an experienced divorce or family law attorney to represent you. Show the court evidence that your former spouse has not made payments, has not made full payments, or has not made timely payments. Collect written proof of late or partial payments. Explain how your former spouse’s actions are causing you financial difficulty.
→ Read MoreImpact of stock options on alimony and child support
→ Read MoreHealth insurance can often be included in an alimony settlement. Where a supported spouse received medical insurance before the divorce, the court may rule that the health insurance coverage continue.
→ Read MoreWhat factors can be used to determine the amount of alimony?
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