Are alimony payments tax deductible?
Are alimony payments tax deductible? On behalf of Stange Law Firm, PC posted in Divorce on Friday, March 10, 2017. Now that tax season is upon us, Springfield-area residents who have recently been divorced may be wondering about the tax consequences of their marital dissolution. In this week’s post, we’ll look at the tax treatment of alimony payments. Alimony, also referred to as spousal support, refers to payments made by one former spouse to help the other recover financially after a divorce. For the paying spouse, alimony payments are deductible, as long as the payor and the former spouse do