Is alimony taxable to the payor in some states?
Yes, in some states alimony is taxable to the payor. In Florida, the rules are different because the state has an agreement with the federal government that alimony payments are not subject to tax. This means that the person paying alimony will not have to pay taxes on the money they are giving to their former spouse. However, the recipient of the alimony payments will have to pay taxes on the money they receive. This means that for alimony payments made in Florida, the recipient of the payment will report the alimony as income on their federal return and pay any associated taxes. This agreement between the state of Florida and the federal government ensures that the payor of alimony does not have to pay taxes on the money they give to their former spouse, while the recipient still has to pay taxes on the money they receive.
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