All Things Taxes

What to know about paying or receiving alimony

JK Harris | January 20, 2009

If you are divorced and are paying or receiving alimony, there are some basic tips you should follow when filing your 2007 federal income tax return. If you receive alimony payments from your ex-spouse, that money is taxable to you in the year you receive the payments. And since no taxes are withheld from alimony [...]

Category: Tax Alerts, Tax Preparation | No Comments »
Tags: alimony, divorce, separatio, taxable income

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What to know about paying or receiving alimony

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