{"id":2081,"date":"2017-09-12T08:40:06","date_gmt":"2017-09-12T13:40:06","guid":{"rendered":"https:\/\/taxprocenter.proconnect.intuit.com\/?p=2081"},"modified":"2019-07-30T11:39:42","modified_gmt":"2019-07-30T16:39:42","slug":"8-things-you-need-to-know-about-divorce-and-taxes","status":"publish","type":"post","link":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/8-things-you-need-to-know-about-divorce-and-taxes\/","title":{"rendered":"10 Things You Need to Know About Divorce and Taxes"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Divorce is an all-too-common part of life, and with it comes important tax ramifications and decisions. Advise your clients with these 10 points on divorce and taxes:<\/span><\/p>\n<p><b>Filing Status: <\/b><span style=\"font-weight: 400;\">Sometimes, couples (without children) will separate their lives, finances and living arrangements when going through a divorce. However, until you are officially divorced, you are still married and have only two filing statuses available: Married Joint and Married Separate. Depending on your circumstances, either one could yield a better tax result, so before both parties file, consider what filing status you will use.<\/span><\/p>\n<p><b>Abandoned Spouse: <\/b><span style=\"font-weight: 400;\">You may be able to file as a head of household if you are separated but still legally married under the abandoned spouse rule. You qualify if:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">You have at least one child.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Your child lives with you over 50 percent of the year.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">You can claim your child as a dependent.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">You pay the majority of household expenses for the year.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">You are filing a separate return and your spouse did not live with you.<\/span><\/li>\n<\/ul>\n<p><b>Innocent Spouse Rule:<\/b><span style=\"font-weight: 400;\"> If you filed a joint return that has an understatement of tax due to an error and omission, and you didn\u2019t know about it, you can apply for relief from responsibility for the tax. While it can be tricky to prove, use Form 8857 to request the relief and have as many facts available, showing that you had no knowledge of the error. If you qualify, you will not be responsible for the tax, interest or penalties.<\/span><\/p>\n<p><b>Alimony:<\/b><span style=\"font-weight: 400;\"> Alimony (or spousal support) is often ordered as part of a divorce. These payments are usually a specified amount that must be paid until a date the judge decides, the former spouse remarries or some other event. Alimony creates a taxable event. This means that the spouse paying alimony will deduct that amount on their tax return, and the spouse receiving the payment will claim it as taxable income of their return.<\/span><\/p>\n<p><b>Child Support:<\/b><span style=\"font-weight: 400;\"> Just the opposite of alimony, child support is NOT a taxable event. So, payments made and received are not reported on the tax return. Make sure your divorce decree makes clear indication of what amounts are alimony and child support \u2013 the decision can have long-lasting effects on both tax returns of the former spouses.<\/span><\/p>\n<p><b>Claiming Children:<\/b><span style=\"font-weight: 400;\"> Easily one of the most battled areas of divorce can be settling the question of who claims the children on tax returns in future years. In most cases, the custodial parent will claim the children unless that parent signs Form 8332, \u201cRelease\/Revocation of Release of Claim to Exemption for Child by Custodial Parent.\u201d Both parties must understand that only one parent can claim each child in a tax year.<\/span><\/p>\n<p><b>Division of Assets:<\/b><span style=\"font-weight: 400;\"> Some assets produce income (stocks, bonds and businesses) and some do not (cash, homes and cars), so the division of assets in a divorce can make a large difference in the future tax bills of both spouses. Each party should research the tax ramifications of each asset and possibly run tax projections using different combinations of asset distribution.<\/span><\/p>\n<p><b>Tax Deduction for Divorce Costs:<\/b><span style=\"font-weight: 400;\"> Generally, any legal advice or other costs associated with a divorce are not tax deductible. However, there are a few exceptions, usually related to legal advice related to a taxable event. Here are a few examples:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The amount you pay for legal advice related to alimony.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Legal advice related to property transfers can be deducted on Schedule A.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Any fees to obtain tax advice related to the divorce can go on Schedule A, too.<\/span><\/li>\n<\/ul>\n<p><strong>RA Accounts:<\/strong><strong>\u00a0<\/strong>Taxpayers are not allowed to deduct contributions to a former spouse\u2019s traditional IRA if a final divorce decree or separate maintenance agreement is issued by year end.\u00a0 In this case, the taxpayer is only allowed to deduct contributions to his or her own traditional IRA.<\/p>\n<p><strong>Name Changes: <\/strong>You should notify the\u00a0<a href=\"https:\/\/www.ssa.gov\/\" target=\"_blank\" rel=\"noopener noreferrer\" target=\"_blank\">Social Security Administration (SSA)<\/a>\u00a0of any name changes after a divorce.\u00a0 The name on a tax return should match your SSA records and a mismatch may cause problems with the processing of a tax return and receiving a refund.<\/p>\n<p><b>Editor\u2019s Note: <\/b>This article was originally published on March 1, 2016, and updated on Sept. 12, 2017.\u00a0This is the first in a series of articles about <a href=\"http:\/\/taxprocenter.proconnect.intuit.com\/tag\/life-changes\/\">life changes and tax<\/a>. Stay tuned for another post very soon.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Divorce is an all-too-common part of life, and with it comes important tax ramifications and decisions. Advise your clients with these 10 points on divorce and taxes.<\/p>\n","protected":false},"author":107201054,"featured_media":2085,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rkv_reviewed_by_select":[],"rkv_browse_by_id":0,"rkv_cta_id":0,"rkv_optimize_for_pagespeed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"useModifiedDate":false,"customPublishDate":"","customModifiedDate":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[509474089],"tags":[296150],"intuit_collection":[],"intuit_series":[],"coauthors":[509474129],"class_list":["post-2081","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tax-law-and-news","tag-life-changes"],"header_image":"","yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Divorce and Taxes: What to Know<\/title>\n<meta name=\"description\" content=\"Review the key tax implications of divorce, covering alimony, filing status changes, dependent claims, asset transfers, and retirement account splits for clients.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/8-things-you-need-to-know-about-divorce-and-taxes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"10 Things You Need to Know About Divorce and Taxes - Tax Pro Center | Intuit\" \/>\n<meta property=\"og:description\" content=\"Review the key tax implications of divorce, covering alimony, filing status changes, dependent claims, asset transfers, and retirement account splits for clients.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/8-things-you-need-to-know-about-divorce-and-taxes\/\" \/>\n<meta property=\"og:site_name\" content=\"Tax Pro Center | Intuit\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/IntuitAccountants\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-12T13:40:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-07-30T16:39:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2016\/03\/divorce-e1508455962313.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"393\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Christopher Ragain, CPA\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@IntuitAccts\" \/>\n<meta name=\"twitter:site\" content=\"@IntuitAccts\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Christopher Ragain, CPA\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/tax-law-and-news\\\/8-things-you-need-to-know-about-divorce-and-taxes\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/tax-law-and-news\\\/8-things-you-need-to-know-about-divorce-and-taxes\\\/\"},\"author\":{\"name\":\"Christopher Ragain, CPA\",\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/#\\\/schema\\\/person\\\/4cd5bff5202d293dd23bdf6e25362301\"},\"headline\":\"10 Things You Need to Know About Divorce and Taxes\",\"datePublished\":\"2017-09-12T13:40:06+00:00\",\"dateModified\":\"2019-07-30T16:39:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/tax-law-and-news\\\/8-things-you-need-to-know-about-divorce-and-taxes\\\/\"},\"wordCount\":725,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/tax-law-and-news\\\/8-things-you-need-to-know-about-divorce-and-taxes\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/wp-content\\\/uploads\\\/2016\\\/03\\\/divorce-e1508455962313.jpg\",\"keywords\":[\"life changes\"],\"articleSection\":[\"Tax Law and News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/tax-law-and-news\\\/8-things-you-need-to-know-about-divorce-and-taxes\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/tax-law-and-news\\\/8-things-you-need-to-know-about-divorce-and-taxes\\\/\",\"url\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/tax-law-and-news\\\/8-things-you-need-to-know-about-divorce-and-taxes\\\/\",\"name\":\"Divorce and Taxes: What to Know\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/tax-law-and-news\\\/8-things-you-need-to-know-about-divorce-and-taxes\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/tax-law-and-news\\\/8-things-you-need-to-know-about-divorce-and-taxes\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/wp-content\\\/uploads\\\/2016\\\/03\\\/divorce-e1508455962313.jpg\",\"datePublished\":\"2017-09-12T13:40:06+00:00\",\"dateModified\":\"2019-07-30T16:39:42+00:00\",\"description\":\"Review the key tax implications of divorce, covering alimony, filing status changes, dependent claims, asset transfers, and retirement account splits for clients.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/tax-law-and-news\\\/8-things-you-need-to-know-about-divorce-and-taxes\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/tax-law-and-news\\\/8-things-you-need-to-know-about-divorce-and-taxes\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/tax-law-and-news\\\/8-things-you-need-to-know-about-divorce-and-taxes\\\/#primaryimage\",\"url\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/wp-content\\\/uploads\\\/2016\\\/03\\\/divorce-e1508455962313.jpg\",\"contentUrl\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/wp-content\\\/uploads\\\/2016\\\/03\\\/divorce-e1508455962313.jpg\",\"width\":700,\"height\":393,\"caption\":\"divorce tax obligations\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/tax-law-and-news\\\/8-things-you-need-to-know-about-divorce-and-taxes\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"10 Things You Need to Know About Divorce and Taxes\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/#website\",\"url\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/\",\"name\":\"Tax Pro Center | Intuit\",\"description\":\"Tax Pro Center\",\"publisher\":{\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/#organization\",\"name\":\"Tax Pro Center | Intuit\",\"url\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/Tax_Pro_Center_Logo_Final_large.webp\",\"contentUrl\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/Tax_Pro_Center_Logo_Final_large.webp\",\"width\":872,\"height\":160,\"caption\":\"Tax Pro Center | Intuit\"},\"image\":{\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/IntuitAccountants\",\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/IntuitAccts\",\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/intuitaccountants\\\/?hl=en\",\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/company\\\/intuit-accountants\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/#\\\/schema\\\/person\\\/4cd5bff5202d293dd23bdf6e25362301\",\"name\":\"Christopher Ragain, CPA\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/avatar\\\/dd54b67a72073880994864cd2ebe16b49e13513b04d9871a4d65c5920b065d83?s=96&d=identicon&r=g\",\"url\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/avatar\\\/dd54b67a72073880994864cd2ebe16b49e13513b04d9871a4d65c5920b065d83?s=96&d=identicon&r=g\",\"contentUrl\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/avatar\\\/dd54b67a72073880994864cd2ebe16b49e13513b04d9871a4d65c5920b065d83?s=96&d=identicon&r=g\",\"caption\":\"Christopher Ragain, CPA\"},\"description\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenterChristopher Ragain, CPA, is founder of Halon Tax software - https:\\\/\\\/www.halontax.com\\\/\",\"url\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/author\\\/taxpro054\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Divorce and Taxes: What to Know","description":"Review the key tax implications of divorce, covering alimony, filing status changes, dependent claims, asset transfers, and retirement account splits for clients.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/8-things-you-need-to-know-about-divorce-and-taxes\/","og_locale":"en_US","og_type":"article","og_title":"10 Things You Need to Know About Divorce and Taxes - Tax Pro Center | Intuit","og_description":"Review the key tax implications of divorce, covering alimony, filing status changes, dependent claims, asset transfers, and retirement account splits for clients.","og_url":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/8-things-you-need-to-know-about-divorce-and-taxes\/","og_site_name":"Tax Pro Center | Intuit","article_publisher":"https:\/\/www.facebook.com\/IntuitAccountants","article_published_time":"2017-09-12T13:40:06+00:00","article_modified_time":"2019-07-30T16:39:42+00:00","og_image":[{"width":700,"height":393,"url":"https:\/\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2016\/03\/divorce-e1508455962313.jpg","type":"image\/jpeg"}],"author":"Christopher Ragain, CPA","twitter_card":"summary_large_image","twitter_creator":"@IntuitAccts","twitter_site":"@IntuitAccts","twitter_misc":{"Written by":"Christopher Ragain, CPA","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/8-things-you-need-to-know-about-divorce-and-taxes\/#article","isPartOf":{"@id":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/8-things-you-need-to-know-about-divorce-and-taxes\/"},"author":{"name":"Christopher Ragain, CPA","@id":"https:\/\/accountants.intuit.com\/taxprocenter\/#\/schema\/person\/4cd5bff5202d293dd23bdf6e25362301"},"headline":"10 Things You Need to Know About Divorce and Taxes","datePublished":"2017-09-12T13:40:06+00:00","dateModified":"2019-07-30T16:39:42+00:00","mainEntityOfPage":{"@id":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/8-things-you-need-to-know-about-divorce-and-taxes\/"},"wordCount":725,"commentCount":0,"publisher":{"@id":"https:\/\/accountants.intuit.com\/taxprocenter\/#organization"},"image":{"@id":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/8-things-you-need-to-know-about-divorce-and-taxes\/#primaryimage"},"thumbnailUrl":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-content\/uploads\/2016\/03\/divorce-e1508455962313.jpg","keywords":["life changes"],"articleSection":["Tax Law and News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/8-things-you-need-to-know-about-divorce-and-taxes\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/8-things-you-need-to-know-about-divorce-and-taxes\/","url":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/8-things-you-need-to-know-about-divorce-and-taxes\/","name":"Divorce and Taxes: What to Know","isPartOf":{"@id":"https:\/\/accountants.intuit.com\/taxprocenter\/#website"},"primaryImageOfPage":{"@id":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/8-things-you-need-to-know-about-divorce-and-taxes\/#primaryimage"},"image":{"@id":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/8-things-you-need-to-know-about-divorce-and-taxes\/#primaryimage"},"thumbnailUrl":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-content\/uploads\/2016\/03\/divorce-e1508455962313.jpg","datePublished":"2017-09-12T13:40:06+00:00","dateModified":"2019-07-30T16:39:42+00:00","description":"Review the key tax implications of divorce, covering alimony, filing status changes, dependent claims, asset transfers, and retirement account splits for clients.","breadcrumb":{"@id":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/8-things-you-need-to-know-about-divorce-and-taxes\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/8-things-you-need-to-know-about-divorce-and-taxes\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/8-things-you-need-to-know-about-divorce-and-taxes\/#primaryimage","url":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-content\/uploads\/2016\/03\/divorce-e1508455962313.jpg","contentUrl":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-content\/uploads\/2016\/03\/divorce-e1508455962313.jpg","width":700,"height":393,"caption":"divorce tax obligations"},{"@type":"BreadcrumbList","@id":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/8-things-you-need-to-know-about-divorce-and-taxes\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/accountants.intuit.com\/taxprocenter\/"},{"@type":"ListItem","position":2,"name":"10 Things You Need to Know About Divorce and Taxes"}]},{"@type":"WebSite","@id":"https:\/\/accountants.intuit.com\/taxprocenter\/#website","url":"https:\/\/accountants.intuit.com\/taxprocenter\/","name":"Tax Pro Center | Intuit","description":"Tax Pro Center","publisher":{"@id":"https:\/\/accountants.intuit.com\/taxprocenter\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/accountants.intuit.com\/taxprocenter\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/accountants.intuit.com\/taxprocenter\/#organization","name":"Tax Pro Center | Intuit","url":"https:\/\/accountants.intuit.com\/taxprocenter\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/accountants.intuit.com\/taxprocenter\/#\/schema\/logo\/image\/","url":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-content\/uploads\/2022\/10\/Tax_Pro_Center_Logo_Final_large.webp","contentUrl":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-content\/uploads\/2022\/10\/Tax_Pro_Center_Logo_Final_large.webp","width":872,"height":160,"caption":"Tax Pro Center | Intuit"},"image":{"@id":"https:\/\/accountants.intuit.com\/taxprocenter\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/accountants.intuit.com\/taxprocenter\/IntuitAccountants","https:\/\/accountants.intuit.com\/taxprocenter\/IntuitAccts","https:\/\/accountants.intuit.com\/taxprocenter\/intuitaccountants\/?hl=en","https:\/\/accountants.intuit.com\/taxprocenter\/company\/intuit-accountants\/"]},{"@type":"Person","@id":"https:\/\/accountants.intuit.com\/taxprocenter\/#\/schema\/person\/4cd5bff5202d293dd23bdf6e25362301","name":"Christopher Ragain, CPA","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/accountants.intuit.com\/taxprocenter\/avatar\/dd54b67a72073880994864cd2ebe16b49e13513b04d9871a4d65c5920b065d83?s=96&d=identicon&r=g","url":"https:\/\/accountants.intuit.com\/taxprocenter\/avatar\/dd54b67a72073880994864cd2ebe16b49e13513b04d9871a4d65c5920b065d83?s=96&d=identicon&r=g","contentUrl":"https:\/\/accountants.intuit.com\/taxprocenter\/avatar\/dd54b67a72073880994864cd2ebe16b49e13513b04d9871a4d65c5920b065d83?s=96&d=identicon&r=g","caption":"Christopher Ragain, CPA"},"description":"https:\/\/accountants.intuit.com\/taxprocenterChristopher Ragain, CPA, is founder of Halon Tax software - https:\/\/www.halontax.com\/","url":"https:\/\/accountants.intuit.com\/taxprocenter\/author\/taxpro054\/"}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2016\/03\/divorce-e1508455962313.jpg","jetpack_shortlink":"https:\/\/wp.me\/pazjGh-xz","jetpack-related-posts":[{"id":25935,"url":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/tax-considerations-for-people-who-are-separating-or-divorcing\/","url_meta":{"origin":2081,"position":0},"title":"Tax considerations for separating or divorcing","author":"Intuit Accountants Team","date":"July 31, 2023","format":false,"excerpt":"Help your clients who are going through a legal separation or divorce understand the tax effects and filing options.","rel":"","context":"In &quot;Tax Law and News&quot;","block_context":{"text":"Tax Law and News","link":"https:\/\/accountants.intuit.com\/taxprocenter\/category\/tax-law-and-news\/"},"img":{"alt_text":"Divorce Tax Considerations","src":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2022\/06\/Divorce-Tax-Considerations.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2022\/06\/Divorce-Tax-Considerations.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2022\/06\/Divorce-Tax-Considerations.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2022\/06\/Divorce-Tax-Considerations.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":1542,"url":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/married-filing-separately-when-to-use-it\/","url_meta":{"origin":2081,"position":1},"title":"Married Filing Separately: When to Use It","author":"Christopher Ragain, CPA","date":"January 25, 2016","format":false,"excerpt":"In my practice and software, we see Married Filing Separately the most with couples that are in the midst of getting divorced. It is a tempting path because it keeps both spouses from having to negotiate and interact about their tax return. However, there are some very compelling reasons to\u2026","rel":"","context":"In &quot;Tax Law and News&quot;","block_context":{"text":"Tax Law and News","link":"https:\/\/accountants.intuit.com\/taxprocenter\/category\/tax-law-and-news\/"},"img":{"alt_text":"Tax professional with clients","src":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2017\/10\/tax-clients-e1535552634356.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2017\/10\/tax-clients-e1535552634356.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2017\/10\/tax-clients-e1535552634356.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":9370,"url":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/what-your-newlywed-clients-should-know-about-taxes\/","url_meta":{"origin":2081,"position":2},"title":"What Your Newlywed Clients Should Know About Taxes","author":"Mike D'Avolio, CPA, JD","date":"June 18, 2018","format":false,"excerpt":"Advise your newlywed clients about several important tax laws they need to know about.","rel":"","context":"In &quot;Tax Law and News&quot;","block_context":{"text":"Tax Law and News","link":"https:\/\/accountants.intuit.com\/taxprocenter\/category\/tax-law-and-news\/"},"img":{"alt_text":"advising newly married tax clients","src":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2017\/07\/wedding.jpeg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2017\/07\/wedding.jpeg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2017\/07\/wedding.jpeg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2017\/07\/wedding.jpeg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":16911,"url":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/divorce-calculation-changes-for-2019\/","url_meta":{"origin":2081,"position":3},"title":"Divorce Calculation Changes for 2019","author":"Intuit Accountants Team","date":"September 9, 2019","format":false,"excerpt":"Understand how the Tax Cuts and Jobs Act affects your clients' tax liability if they are going through a divorce.","rel":"","context":"In &quot;Tax Law and News&quot;","block_context":{"text":"Tax Law and News","link":"https:\/\/accountants.intuit.com\/taxprocenter\/category\/tax-law-and-news\/"},"img":{"alt_text":"divorce tax obligations","src":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2016\/03\/divorce-e1508455962313.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2016\/03\/divorce-e1508455962313.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2016\/03\/divorce-e1508455962313.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2016\/03\/divorce-e1508455962313.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":2099,"url":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/when-your-clients-spouse-dies-6-tax-issues\/","url_meta":{"origin":2081,"position":4},"title":"When Your Client\u2019s Spouse Dies: 6 Tax Issues","author":"Christopher Ragain, CPA","date":"April 6, 2016","format":false,"excerpt":"If you work in the tax world for very long, you will eventually see tragedy through your clients\u2019 eyes. One issue that has several tax implications that must be navigated is the death of a spouse. While the family grieves, as a tax professional, you must take action as soon\u2026","rel":"","context":"In &quot;Tax Law and News&quot;","block_context":{"text":"Tax Law and News","link":"https:\/\/accountants.intuit.com\/taxprocenter\/category\/tax-law-and-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2016\/04\/spouse-death_01.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2016\/04\/spouse-death_01.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2016\/04\/spouse-death_01.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":14895,"url":"https:\/\/accountants.intuit.com\/taxprocenter\/tax-law-and-news\/innocent-spouse-relief-tax-provisions-and-filing-information\/","url_meta":{"origin":2081,"position":5},"title":"Innocent Spouse Relief: Tax Provisions and Filing Information","author":"Anita Robinson, EA, NPTI Fellow","date":"January 25, 2019","format":false,"excerpt":"Help your clients sort out the many issues related to Innocent Spouse Relief.","rel":"","context":"In &quot;Tax Law and News&quot;","block_context":{"text":"Tax Law and News","link":"https:\/\/accountants.intuit.com\/taxprocenter\/category\/tax-law-and-news\/"},"img":{"alt_text":"divorce tax obligations","src":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2016\/03\/divorce-e1508455962313.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2016\/03\/divorce-e1508455962313.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2016\/03\/divorce-e1508455962313.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2016\/03\/divorce-e1508455962313.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/posts\/2081","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/users\/107201054"}],"replies":[{"embeddable":true,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/comments?post=2081"}],"version-history":[{"count":9,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/posts\/2081\/revisions"}],"predecessor-version":[{"id":17057,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/posts\/2081\/revisions\/17057"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/media\/2085"}],"wp:attachment":[{"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/media?parent=2081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/categories?post=2081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/tags?post=2081"},{"taxonomy":"intuit_collection","embeddable":true,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/intuit_collection?post=2081"},{"taxonomy":"intuit_series","embeddable":true,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/intuit_series?post=2081"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/coauthors?post=2081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}