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Miscellaneous

Do you pay taxes on alimony?

2 Answers

For federal taxes, if you pay alimony you can deduct it from your taxable income, and if you receive alimony you must add it to your taxable income.

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In the US, the person who pays the alimony cannot deduct it from their taxes, so they pay taxes on it; the person who receives the alimony does not have to report it or pay income tax on it.

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