Trump tax reform

Federal Alimony / Spousal Support Deduction Changes are Coming

alimony, spousal support, taxes, tax deductions, Trump tax reform

The Trump tax reform changes will take effect at the first of the year, and there will be changes to how alimony/spousal support is treated by the federal government. The changes take effect on January 1, 2019, and alimony payments will no longer be deductible to the payor and no longer declared by the payee.

Tags: alimony, spousal support, tax deductions, Trump tax reform

Comment Here