divorce taxes
Limited Window of Time to Structure Divorce Settlements
The tax deduction and income provisions for alimony have been repealed for divorce decrees entered into after December 31, 2018 or for earlier divorces where the agreements are modified after that date. This gives married couples and formerly married c…
Tax Court Expands Innocent Spouse Relief for Divorced Taxpayers
Innocent spouse relief can allow a taxpayer to avoid joint liability for taxes that arose during the marriage. If granted, the tax is generally computed as if each spouse filed their tax returns separately. If the couple is divorced at the time, there is an exception that can prevent the would-be innocent spouse from qualifying […]
The post Tax Court Expands Innocent Spouse Relief for Divorced Taxpayers appeared first on Houston Tax Attorney.