Filling the need for trusted information on national health issues
Filling the need for trusted information on national health issues
For divorces after December 31, 2018, alimony payments are no longer deductible for the paying spouse and alimony is not included as income for the recipient spouse.
For pre-2019 divorces, old tax rules apply. The paying spouse can deduct alimony payments from income and the recipient spouse must report alimony payments as income on the federal tax return. However, divorced couples have the option of modifying their pre-2019 divorce agreement to adopt the new tax rules.