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Are Alimony and Child Support Payments Tax Deductible?
Tax season for the 2024 tax year will come to a close for most people in the next month. Filers who make regular support payments to ex-spouses or children may wonder whether these payments are deductible on their federal taxes. Alimony is typically deductible while child support is not, but the process can be complicated, as the case of Rojas v. Commissioner shows. Continue reading →