Head of Household

Requirements for using the “head of household” tax filing status

Children and Tax

Tax implications and considerations if you are divorcing and have minor children.

Child Tax Credit

What’s required to be able to claim the Child Tax Credit

Child Support and Tax

There are key things to be aware of as regards child support and tax, even though it is not tax-deductible.

Family Support

When divorcing spouses’ incomes differ by a very large amount (placing them in much different tax brackets) and both child support and spousal is appropriate, the spouses can save significantly overall on their income taxes by designating the payments as “family support.”

Spousal Support Tax Deductible Limits

A previous post gave the basic rules for making spousal support tax deductible. This post discuss two somewhat unusual but important circumstances that affect the tax deductibility of spousal support.

Spousal Support Tax Deductible

Unless spouses agree otherwise in their final divorce documents, spousal support is generally tax deductible for the payer and reportable as income for the recipient. But there are a number of spousal support tax considerations.