Tax Planning for Divorce: Part II
filed in Tax Tips on Dec.24, 2009
This is part II of how to take care of your tax return when going through a divorceā¦
Payments to an ex-spouse
If you’re the spouse who is paying alimony, you can take a tax deduction for the payments, even if you don’t itemize your deductions. Keep in mind, though, that the IRS won’t consider the payments [...]