Taxes are already complicated enough without adding divorce or dependents to the mix. But if you’ve been making or receiving alimony or child support payments, you need to know how those payments ...
Alimony is taxable if your divorce was finalized before 2019. If your divorce was finalized in 2019 or later, alimony is not taxable income for the recipient, and the payer can’t deduct alimony from ...
Courtney Johnston led the CNET Money team and worked closely with the consumer insights data team. Before CNET, she worked as a graduate writing instructor at the University of Indianapolis and ...