Are alimony payments deductible for both spouses in some states?

Related FAQs

Does alimony have to be paid if the payor is unemployed?
Can alimony be awarded based on need after a long-term marriage?
How is alimony affected if either party moves to a new state?
Is alimony considered marital income?
Does alimony terminate when the payor retires?
Is alimony paid in perpetuity or for a fixed period of time?
Are alimony payments considered alimony for tax purposes?
What are the consequences of failing to pay alimony?
Is alimony taxable to the recipient in some states?
Can alimony be increased if the payor's income increases?

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'How to Calculate Alimony Payments: A Step-by-Step Guide' - August 21, 2023
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