${site.data.firmName}${SEMFirmNameAlt} Main Menu
Call Today: 855-805-0595

Are alimony payments tax deductible?

30807003_S.jpgNow that tax season is upon us, Springfield-area residents who have recently been divorced may be wondering about the tax consequences of their marital dissolution. In this week's post, we'll look at the tax treatment of alimony payments. Alimony, also referred to as spousal support, refers to payments made by one former spouse to help the other recover financially after a divorce.

For the paying spouse, alimony payments are deductible, as long as the payor and the former spouse do not file a joint return for the year in question. The flip side of deductibility for the paying spouse is that alimony is considered taxable income for the recipient spouse. The payments must be reported on Line 11 of Form 1040.

Not all payments made by one former spouse to the other are considered alimony. A taxpayer should take care to ensure that payments for which they are claiming a tax deduction are in fact alimony and not, for example, child support or payments made in connection with the divorce property division. Child support is never tax deductible, and property division payments do not qualify as alimony, even if they are made in installments after the divorce is final. If the divorce decree says the payments are not alimony, they are not deductible as alimony.

Because alimony is deductible by the payor and taxable to the recipient, both former spouses should keep accurate records of payments made or received. It is a good idea to keep a list of all payments for each tax year, as well as copies of checks and money orders, or receipts for payments made in cash. These records should be kept for at least three years in case of an IRS audit. It is a good idea to keep the records for longer than that, however, in case a recipient spouse claims a payments was never made, or a payor spouse claims the recipient received more than they really did.

Source: Findlaw.com, "Alimony and Taxes," accessed March 5, 2017

No Comments

Leave a comment
Comment Information

Contact Our Team To Get Help Now

Tell us about your case and we’ll get back to you promptly.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Stange Logo

Stange Law Firm, PC
400 S. 9th St.
Suite 100
Springfield, Illinois 62701

Toll Free: 855-805-0595
Fax: 314-963-9191
Law Office Map

DHQ | Divorce Headquarters Divorce
Headquarters ® App Download The App
Questions? Live Chat Pay Your Bill Online
States of Service

Other Office Locations

  • Saint Louis County: 120 S. Central Ave., Suite 450, Clayton, MO 63105: Clayton Office
  • West County: 16024 Manchester Rd., Suite 103, Ellisville, MO 63011: Ellisville Office
  • Jackson County: 256 NE Tudor Rd., Lee's Summit, Missouri 64086: Lee's Summit Office
  • Jefferson County: 16 Municipal Drive, Suite C, Arnold, MO 63010: Arnold Office
  • St. Charles County: 2268 Bluestone Drive, St. Charles, MO 63303: St. Charles Office
  • Franklin County: 5 S. Oak St. Union, MO 63084: Union Office
  • Lincoln County: 20 Centerline Drive, Troy, Missouri 63379: Troy Office
  • Boone County: 1506 Chapel Hill Rd., Suite H, Columbia, MO 65203: Columbia Office
  • Greene County: 901 E. St. Louis, Suite 404, Springfield, Missouri 65806 Springfield, MO Office
  • St. Clair County: 115 Lincoln Place Ct., Ste. 101, Belleville, IL 62221: Belleville Office
  • Madison County: 5 Club Centre Ct., Suite A, Edwardsville, Illinois 62025: Edwardsville Office
  • Sangamon County: 400 S. 9th St., Suite 100, Springfield, IL 62701: Springfield Office
  • McLean County: 1012 Ekstam Drive, Suite 4, Bloomington, IL 61704: Bloomington Office
  • Johnson County: 7300 West 110th Street, Suite 560, Overland Park, KS 62210: Overland Park Office
  • Sedgwick County: 2024 N. Woodlawn Street, Suite 407, Wichita, Kansas 67208: Wichita Office
  • Monroe County: 116 W. Mill St., Waterloo, IL 62298 (by appt. only): Waterloo Office
  • St. Louis City: 100 S. 4th St., #549, St. Louis, MO 63102 (by appt. only): St. Louis Office
  • Jackson County: 2300 Main St., #948, Kansas City, MO 64108 (by appt. only): Kansas City Office

The choice of a lawyer is an important decision & should not be based solely upon advertisements. See additional disclaimers here.