Alimony paid to a former spouse will no longer be deductible by the payer, and alimony payments will no longer be included in the recipient's gross income. This effectively shifts the tax burden of alimony from the recipient to the payer. This provision is effective for divorce and separation agreements signed after December 31, 2018.
Alimony paid to a former spouse will no longer be deductible by the payer, and alimony payments will no longer be included in the recipient's gross income. This effectively shifts the tax burden of alimony from the recipient to the payer. This provision is effective for divorce and separation agreements signed after December 31, 2018.
(post is archived)