Settlement FAQs

can you claim a marital settlement on your taxes

by Miss Eve Corkery II Published 3 years ago Updated 2 years ago
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If your divorce settlement was established on or before Dec. 31, 2018, alimony payments are fully tax deductible for the individual making the payments, whether you itemize or not. For tax purposes, alimony payments are effectively not part of the payor's income.Mar 22, 2022

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