Is alimony taxable to the payor in all states?

No, alimony is not taxable to the payor in all states. In Georgia, whether alimony is taxable to the payor depends on the specifics of the alimony agreement. Generally, alimony is taxable to the recipient, meaning that the person receiving alimony has to report the income on their taxes and pay taxes on that income. On the other hand, the party paying alimony may be able to deduct some or all of those payments from their taxes. In Georgia, for the payments to be deductible, the divorce or separation agreement needs to state explicitly that the payments are alimony, and not child support, a property settlement, or any other type of payment. Additionally, the payments need to be made in cash (not goods or services). The payor must also not be living in the same household as the recipient, and the payments need to end when either the payor or recipient dies. If all of these conditions are met, the payor may be able to deduct alimony payments from their taxes. It is important to note, however, that even if the payor is able to deduct payments, those payments are still taxable to the recipient.

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Is alimony taxable to the payor in all states?

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