Do you have to pay income taxes on alimony you receive from a divorce? Like most legal questions, the answer is it depends. Alimony is not taxable income unless the former spouse paying alimony takes those payments off as a tax deduction. Alimony payments are an allowable deduction in the federal income tax code. But, […]
Read more...Category: Family law
Divorces, marital separation, division of assets, spousal support, child support, child protective services (CPS), custody, guardianship, parental rights, and more.