Tax tip – If you are negotiating a separation agreement, you should ensure that you are setting apart the child support component from the alimony. Otherwise, the entire amount will be considered child support and will not be deductible.
Tax tip – If you are negotiating a separation agreement, you should ensure that you are setting apart the child support component from the alimony. Otherwise, the entire amount will be considered child support and will not be deductible.
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