Is alimony taxable to the payor in some states?

In the state of Washington, alimony is typically considered taxable to the payor and deductible to the recipient. According to the Internal Revenue Service, the alimony must be paid in cash and meet certain requirements for it to be considered taxable. To qualify as alimony payments, the payment must be made as a part of a legal separation agreement or divorce decree, it must not specify a non-taxable transfer, and both parties must not file a joint tax return. Additionally, the payments must stop if the recipient dies or if the payor stops making payments specified by the legal agreement. If any of the above criteria are not met, then the payments may no longer be considered alimony, which would mean that it would not be taxable to the payor. This can be seen most notably when the parties live under one household; the IRS considers these payments as non-taxable transfers. To ensure that alimony payments are considered taxable, it is important to seek help from an experienced attorney who is knowledgeable about alimony and tax laws. This will help ensure that all criteria are met and that the payments are properly taxed.

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Is alimony taxable to the payor in some states?

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