Is alimony taxable to the payor in all states?

No, alimony is not taxable to the payor in all states. In Nebraska, alimony is not considered taxable income for either the payor or the receiver. Alimony payments in Nebraska are considered payments of support. According to Nebraska state law, support payments are not considered taxable income. This means that the recipient of alimony payments in Nebraska is not responsible for paying taxes on that money, and the payor is not eligible for tax deductions related to alimony payments. However, it is important to note that even though alimony is not taxable in Nebraska, it is still important to keep thorough documentation of payments. This is especially true in cases where alimony payments are very large or where the payor and receiver are currently undergoing a divorce process. While alimony is not taxable in Nebraska, it can still affect other taxes or deductions, such as those related to child support. Keeping thorough records of alimony payments can help both the payor and receiver if there are any issues related to other taxes or deductions.

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Is alimony taxable to the payor in all states?

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