Posts tagged as:

alimony

Keeping Up With the Kardashians: Marriage, Divorce and Taxes

6 November 2011

It was an event to be remembered. Er, well, for a month or so anyway. The spectacle that was (insert whatever it is that she does for a living here since I’m clueless) Kim Kardashian’s splashy wedding to former New Jersey Nets basketball player Kris Humphries took place on August 20, 2011. Seventy two days [...]

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Ask the taxgirl: Voluntary Child Support

25 July 2011

Taxpayer asks: If my husband has been making voluntary payments to his ex-girlfriend for child support, how is that treated for tax purposes? The purpose of the payments are for child support, and he has paid taxes on them. I read on one of the various lawyer websites that if there is no court order [...]

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Ask the taxgirl: Voluntary Spousal Support

7 July 2011

Taxpayer asks: My husband and I went through a mediator instead of a divorce lawyer.  Our MSA specifies a certain spousal support amount each month.  If he wants to give me extra and we both agree on it, can we claim this as spousal support on federal taxes or does he have to call it [...]

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Ask the taxgirl: Reporting Alimony Received

21 November 2010

Taxpayer asks: Dear Taxgirl: Do I have to file if I receive Alimony less than 8000 a year? and that is all I made? taxgirl says: The first part of your question is easy: you report alimony received on your federal income tax return no matter what the amount. There is no reporting threshold. The [...]

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Ask the taxgirl: Spousal Maintenance

2 March 2010

Taxpayer asks: Can you tell me is alimony and maintence the same thing and do I have to claim this money on both my federal tax and NYS tax? Taxgirl says: If it’s court-ordered spousal maintenance, then yes, that’s likely alimony and you have to report that as income on your federal taxes. For more [...]

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Twitter Tax Tips #6

7 March 2009

Remember to report alimony received as income, alimony paid as a deduction but child support? It’s tax neutral. #TwitterTaxTip (For more on twitter tax tips, see my prior explanatory post.)

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Ask the taxgirl: Is it Alimony?

28 January 2009

Taxpayer asks: Hi Taxgirl, My wife filed for divorce in Tennessee Aug 2007. Moved out of the house in Dec 2007 and have paid her money ordered by the court as spousal support. I’ve paid all year and want to know if I can claim this money paid as alimony. Thanks for your help! Taxgirl [...]

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Ask the taxgirl: Alimony and payments to ex-spouses

18 May 2008

Taxpayer asks: I PAY MY XWIFE SUPPORT CAN I CLAIM THAT MONEY ON MY TAXES? Taxgirl says: This is another one of those questions for which I have received a bunch of variations on a theme. It’s not just high profile divorcees like Britney Spears and Kevin Federline, pictured above, who have to deal with [...]

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Gimme More (money)?

22 September 2007

Notwithstanding the train wreck that is Britney Spears these days, there has been a lot of criticism of Kevin Federline’s requests for child support and spousal support. Initially, K-Fed was receiving (according to TMZ.com) $15,000 per month in child support with joint custody, and an additional $20,000 per month in spousal support. The amount of [...]

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