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Twitter Tax Tips #6

ByKelly Phillips Erb

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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Kelly Phillips Erb, known as Taxgirl, is a tax attorney, writer, and speaker who explains taxes, IRS news, financial crime, scams, and the law in plain English.