Sentences with phrase «alimony as part of a divorce settlement»
If one of your clients expects to receive spousal maintenance or alimony as part of a divorce settlement or court order, you may want to delay finalizing that client's divorce until the beginning of 2019 so he or she won't have to pay tax on the alimony or spousal maintenance payments.
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The word «post-separation year» means that alimony recapture applies only to alimony that is ordered as part of a divorce instrument (meaning, a decree of divorce or legal separation, or marital settlement agreement).
As part of a divorce settlement, you may be paying child support or alimony to your ex-spouse.