Posts tagged as:

divorce

Ask the taxgirl: Marital Property/Divorce

15 April 2009

Taxpayer asks: … there’s the whining and nashing of teeth (and nerves). I’m loopy trying to make sense of the IRS publications on divorce proceeds. Basically, I was divorced in California (community property state) and judge split it down the middle essentially. He paid me the amount of money indicated in the divorce decree (without [...]

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Ask the taxgirl: Divorced Parents and Tax Credits

4 February 2009

[IMPORTANT editor's note: When I wrote this post, I began with "I don't think so" because the rules are very confusing and this falls under an exception. Since the original post, I've been made aware that I was wrong. Hey, it happens. I've chosen to retain the original post since the comments address what's wrong [...]

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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: Still Married After All These Years?

30 November 2008

Taxpayer asks: Tax girl, I have been seperated from my wife for over 20 years. But we have never had a legal seperation on paper. Can I file single or do I still have to file Married filing seperate? Thank you for any information you can give. Taxgirl says: The feds look to state law [...]

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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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Ask the taxgirl: Loss Carry Forward and Divorce

23 April 2008

Taxpayer asks: Hi– Was wondering if you could advise on what happens if a married couple has, say, a capital loss carryover, and the couple divorces. Do they just split the carryover down the middle? Can they negotiate the amount each takes? Does the carryover amount change with a filing status change? Taxgirl says: Divorce [...]

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Ask the taxgirl: Divorce and taxes

14 April 2008

Taxpayer asks: After 17 years and one 12yr old daughter, I was divorced in October 2007. The decree stated we would file jointly for 2007. However, the idiot was not co-operative and I had no W2′s . (He hasn’t paid child support either) My accountant said I could file for 1/2 of his income. I’m [...]

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Tax and the Single Girl

13 November 2007

When my husband saw a bright yellow post-it with the word “divorce” on it tacked onto my Mac, he began to worry a little. Nothing to worry about (yet – he still owes me a trip to Europe) on his part, it was just a reminder to me that I needed to finish an article [...]

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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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