Phrases with «alimony deduction»

The phrase "alimony deduction" refers to a financial benefit that allows a person to deduct the money they pay in alimony or spousal support from their taxable income. It helps individuals reduce their tax liability by subtracting the amount they pay in alimony from the total income they report on their tax return. Full definition

deduction (parent phrase)
alimony (parent phrase)

alimony deduction

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alimony tax deduction

Sentences with «alimony deduction»

Alimony Deduction Repealed If you're close to completing a divorce settlement agreement, the tax consequences may be more favorable if you close the deal before the end of 2017. (fairmark.com)
The law allows recapture of certain alimony deductions. (hrblock.com)
It's likely couples will negotiate a settlement that takes into account the loss of the spousal maintenance or alimony deduction after December 31, 2018. (collaborativedivorceaustin.com)
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Phrases with «alimony deduction»

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Sentences with «alimony deduction»

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