Sentences with phrase «cash as alimony»

Starr FM reports that the court also awarded 40 % of a GHc500, 000 cash as alimony to the ex-wife, a cost we understand Nii Lamptey intends to appeal.

Not exact matches

[10] Examples of money income — sometimes referred to as «cash income» — include: wages and salaries; income from dividends; earnings from self - employment; rental income; child support and alimony payments; Social Security, disability, and unemployment benefits; cash welfare assistance; and pensions and other retirement income.

That didn't happen to De Niro, as far as I know — in fact De Niro is playing Madoff in HBO's forthcoming film The Wizard Of Lies — and I don't think that he's paying Norman Mailer - like levels of alimony, nor is his Tribeca business empire haemorrhaging cash.

Under both federal and state income tax rules, alimony will be deductible by the payor spouse, and is taxable to the receiving spouse, provided that: (1) the payments are in cash and not in kind; (2) the payments are made incident to divorce or to a separation agreement; (3) the parties have not designated the payments as non-alimony; (4) the parties are not living in the same household; and (5) the payor has no liability for payment after the death of the payee spouse.