ADDITIONAL INFORMATION:
I will pay few hundreds of dollars to my husband for the child support. Do I pay tax for it? Does my husband pay tax for it? Thanks!
ATTORNEY ANSWER BY MARGARET L. CROSS-BELIVEAU:
Child support is neither deductible by the payor nor is it income to the recipient. Alimony is deductible by the payor and income to the recipient.
Legal Disclaimer: Please note that this answer does not constitute legal advice, and should not be relied on since each situation is fact specific, and it is impossible to evaluate a legal problem without a comprehensive consultation and review of all the facts and documents at issue. This answer does not create an attorney-client relationship. A lawyer experienced in the subject area and licensed to practice in the jurisdiction should be consulted for legal advice.
Beliveau Law Group: Massachusetts | Florida | New Hampshire
The tax attorneys at the Beliveau Law Group provide legal services for taxation. The law firm has offices and attorneys in Naples, Florida; Waltham, Massachusetts; and Salem, New Hampshire.