Tag: child support

Spousal support (alimony) payments are considered taxable income for spouse or common-law partner prior to 2019. If divorced before 2019 and paying alimony, these payments are considered an above-the-line deduction.  Beginning in 2019, if a divorce or separation agreement was executed after Dec. 31, 2018, the alimony is no longer included in a spouse’s (recipient) […]