Search results
Results from the WOW.Com Content Network
The alimony recipient may also need to pay taxes on the money they received. On or after January 1, 2019: The Tax Cuts and Jobs Act (TCJA) changed the alimony tax implications.
Although alimony is not deductible or reportable as income for divorces occurring on or after Jan. 1, 2019, the previous rules apply to you if you were divorced by Dec. 31, 2018.
The Tax Cuts and Jobs Act made a big impact on filings for tax year 2018. From nearly double the standard deductions to new tax brackets, last year's tax filers had to adjust to changes to their...
Alimony, also called aliment (Scotland), maintenance (England, Ireland, Northern Ireland, Wales, Canada, New Zealand), spousal support (U.S., Canada) and spouse maintenance (Australia), [1] is a legal obligation on a person to provide financial support to their spouse before or after marital separation or divorce.
Veteran's disability; Supplemental Security Income; Disability payments for federal employees; Medicaid; Property tax exemption for homes of totally disabled veterans; Income tax deductions, credits, rates exemption, and estimates; Wages of an employee working for one's spouse are exempt from federal unemployment tax [5] Joint and family ...
The Texas Family Code does not provide for "palimony.” This means you cannot gain rights under the Texas Family Code because you lived with someone absent a valid marriage. You can, however, create an agreement "on consideration of nonmarital conjugal cohabitation" under the Texas Business and Commerce Code (Tex. Bus. & Com. Code § 26.01(b)(3)).
The Uniformed Services Former Spouses' Protection Act (or USFSPA) is a U.S. federal law enacted on September 8, 1982 to address issues that arise when a member of the military divorces, and primarily concerns jointly-earned marital property consisting of benefits earned during marriage and while one of the spouses (or both) is a military service member. [3]
For premium support please call: 800-290-4726 more ways to reach us