Can someone give me a 1 minute refresher of treatment of alimony in 2019?
Ron
This discussion has been locked. No new contributions can be made. You may start a new discussion here
It changed.
The short version:
The Tax Cuts and Jobs Act enacted new tax rules regarding spousal support payments, also known as alimony. In divorces finalized after January 1, 2019, the person paying spousal support can no longer deduct the amount from their taxes. For recipients, spousal support payments are no longer considered taxable income
Just type "alimony 2019" into google and you'll have it all there.
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.