Are alimony payments deductible for the recipient?
In general, alimony payments in Florida are tax-deductible for the payer. However, they are not deductible for the recipient. Alimony is considered a form of support provided by one spouse to another, and therefore cannot be deducted by the recipient. It is important to note that, in Florida, alimony payments are not automatic; they must be established and ordered by a court, and the payments must be specified in terms of the amount and frequency of each payment in order for it to be considered deductible for the payer. Additionally, alimony payments must end upon the death of either spouse, so they cannot be deducted beyond death. It is important to consult with a lawyer to make sure that all requirements are met in order for alimony payments to be deductible.
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