Legal Question in Family Law in Maryland
Alimony and taxes
My friend and his ex wife created a separation agreement based on alimony paid starting 1/01. The agreement was actually filed and accepted in October, 01. Can he deduct the full year's worth of alimony?
Asked on 3/19/02, 10:39 pm
1 Answer from Attorneys
Robert Sher
Wagshal and Sher
Re: Alimony and taxes
Like all deductible expenses, alimony is deductible in the year actually paid. So whatever amount your friend paid to his ex during '01 can be deducted on his return. It doesn't matter what his legal obligation was for the year, if he didn't actually pay it.
Answered on 3/20/02, 1:51 pm
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