Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Are alimony and child support taxable?

alimony child support taxable
0
Posted

Are alimony and child support taxable?

0

A. Alimony is taxable to the recipient and deductible for the payor, unless the support Order states otherwise. The payment of child support has no tax effect. In most matrimonial cases involving minor children, where the spouses earn unequal incomes, both alimony and child support are likely to be ordered.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123