Tax Basics
Tax Basics
-
Should We File Joint or Separate Tax Returns During a Divorce?
Find out whether you should (or can) file taxes jointly or separately during a divorce.
-
Capital Gains Tax When You Sell Your House at Divorce
Learn how the IRS rules on capital gains taxes apply when you sell your family home during or after divorce.
-
Legal Fees for Divorce: What's Deductible?
Divorce is expensive, and many spouses question whether they can deduct any divorce-related expenses on their taxes. While the answer may seem simple, changing tax laws have complicated the issue for many.
Taxes on Family Support
Taxes on Family Support
-
Learn how the IRS handles child support payments, interest on overdue payments, and offsets from tax refunds for unpaid child support.
-
Is Alimony Tax Deductible for the Paying Spouse?
Whether you divorced ten years ago or you're currently contemplating a divorce, if alimony is a possibility, you'll need to understand the rules surrounding spousal support and taxes.
-
The Seven Rules of Alimony and Taxes
Until recently, the IRS allowed paying spouses to deduct alimony payments and required recipients to report it as income. However, the rules have changed for any divorce finalized on or after January 1, 2019.
-
Claiming Children on Taxes After Divorce
There's no doubt that tax season can be stressful for everyone, especially if you have unanswered questions about tax rules and deductions. Divorced parents often fight over which parent can claim a child on their taxes. Continue reading to learn more about how parents decide who can claim a child on a tax return.