Is alimony taxable to the recipient in all states?

No, not all states tax alimony received by the recipient. In the state of Colorado, alimony is not taxable to the recipient. This is based on the Internal Revenue Code, which states that alimony payments are not considered part of the recipient’s income. However, the alimony payer must list the payments they make on their federal tax return as part of their total income for the year. Colorado also does not have any state tax on alimony payments, so the payer does not need to pay state income tax on those payments. Even if a recipient does not have to pay taxes in Colorado, it is important to check with their local tax codes as other states may have different rules when it comes to alimony payments. Some states can tax the amount received or require the recipient to report the payments as income. Before making any decisions about filing taxes, it is important to look into the specific state laws and the Internal Revenue Code.

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Is alimony taxable to the recipient in all states?

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