Is alimony taxable to the recipient in all states?

No, alimony is not taxable to the recipient in all states. In Mississippi, the law provides that alimony is taxable to the recipient. Generally speaking, any alimony received must be reported as income to the Internal Revenue Service (IRS). According to the Mississippi Code Annotated 97-3-5, courts, in their discretion, may require a spouse to pay any amount for alimony or support, including but not limited to payments for medical expenses or educational or vocational expenses. The amount of alimony must be included in the gross income of the recipient, and the payer is allowed to deduct the alimony paid from his or her taxable income. In addition to Mississippi, other states that require alimony to be reported as income by the recipient include Alabama, Alaska, Arizona, Arkansas, Colorado, Florida, Georgia, Illinois, Indiana, Louisiana, Maryland, Massachusetts, Michigan, Missouri, Nebraska, New Jersey, New York, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Virginia and Wisconsin. It is important to note, however, that alimony is not always taxable to the recipient, and there may be certain instances in which the recipient may not have to report the alimony received as taxable income. For instance, in some states, such as Hawaii, Kansas, and Montana, alimony is generally not considered taxable income to the recipient. In order to determine whether or not alimony received is taxable to the recipient, it is important to consult with a qualified attorney in your state. A qualified attorney can provide assistance in understanding your particular state’s alimony laws and whether or not the alimony received is taxable.

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Is alimony taxable to the recipient in all states?

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