Legal Question in Family Law in Maryland
Alimony, follow up
If a spouse pays alimony the entire year but the agreement isn't filed until that Fall, can he declare the alimony he actually paid a year's worth or just that alimony paid after the agreement was filed?
Asked on 3/20/02, 1:59 pm
1 Answer from Attorneys
Carolyn Press
Chung & Press. P.C.
Re: Alimony, follow up
Alimony can be deducted from the taxable income of the person paying it, whether or not it is the result of a written agreement or court order, unless the agreement states specifically that the payments shall be non-deductible by the payer and non-taxable to the recipient pursuant to the Internal Revenue Code, section 71. Payments made by one spouse to the other before a divorce is final may not be deductible.
Answered on 3/20/02, 3:03 pm