REG: ALIMONY CLARIFICATION

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  • #3038031 Reply
    chrissy
    Participant

    Need some clarification regarding Alimony.

    I SAW THIS IN WILEY———-For divorces finalized before 2019, alimony is taxed to the recipient and the payor is granted a deduction (“for AGI”). If a divorce is settled after 2018, alimony is not taxed to the recipient and the payor is not granted a deduction (“for AGI”).

    THEN I SAW THIS IN NINJA———-Divorce prior to December 31, 2018—–TAXABLE
    Divorce after December 31, 2018———NOT TAXABLE

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    #3038220 Reply
    CH89
    Participant

    What clarification are you looking for? Is Wiley's wording and use of years causing confusion?

    When I read those statements, to me, they are essentially saying the same thing.

    #3038226 Reply
    chrissy
    Participant

    Yea, the Wiley wording threw me off. My head registered December 2019 instead of January 2019.

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    #3039030 Reply
    Skynet
    Participant

    The real answer to the Alimony question.

    You fake your own death. Pay a few hundred for some new id's and move to Alaska to work on a fishing boat. You'll never have to pay Alimony again or be taxed. 😬

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