US Tax Court on Alimony : Payment of Ex-Spouse’s Student Loans Deducible !

deduction of alimony payments

Alimony is taxable and the deduction for alimony is allowed from taxable income of the payer . However , the question whether a particular payment cn be considered as alimony is a matter of interpretation . IRS and tax payers are often at logger head on this aspect. One such case is that of  JEREMY …

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