You Can Probably Still Deduct Your Alimony Payment
A tax deduction for the payer is no longer allowed, but the new tax laws may not apply to you.
A tax deduction for the payer is no longer allowed, but the new tax laws may not apply to you.
Note: For more about financial planning and divorce, see our recent report by behavioral scientist Sarah Newcomb, The Big Split: Minimizing Conflict in Divorce Financial Planning.
Q: Can I still deduct my alimony payments?