Separate Maintenance Payments

Separate Maintenance Payments

Amounts paid to one spouse by the other spouse under a court order or agreement while they live apart.
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Unless this presumption is rebutted, payments under the divorce decree equal to the sum of the reduction ($1,000 per month) will be treated as fixed for the support of the children of A and therefore will not qualify as alimony or separate maintenance payments.
Some of these payments represent alimony and separate maintenance payments (referred to simply as alimony in this column), which are deductible by the payer in arriving at adjusted gross income and are taxable income to the payee (Sees.
Alimony and separate maintenance payments generally are taxable to the recipient and deductible from gross income by the payor (even if the payor does not itemize).
11) A husband's payments to his wife during the couple's separation under a later invalidated separation agreement and subsequent payments made pursuant to a circuit court's orders were held to be alimony or separate maintenance payments.
Alimony and separate maintenance payments (collectively referred to as alimony) are taxable to the recipient and deductible by the payor.
Alimony and separate maintenance payments can be deductible from income by the payor under I.
Since the $20,000 annual payments will not end at the death of the former spouse, these payments will not qualify as deductible alimony or separate maintenance payments.
When marriages dissolve, two issues arise concerning the amount and timing of alimony or separate maintenance payments.
71 (a) requires alimony or separate maintenance payments to be included in a recipient's gross income.
71, which includes taxable alimony or separate maintenance payments received under a decree of divorce or separate maintenance.
Alimony or separate maintenance payments must be made for at least three consecutive years.
71 (b) (1) defines alimony or separate maintenance payments as any payment in cash received by (or on behalf of) a spouse under a divorce or separation instrument that does not designate the payment as excludible from gross income under Sec.