What’s New in 2019 Taxes? Alimony

 

Alimony paid under post 2018 divorce agreements is not deductible and ex-spouses aren’t taxed on alimony they get under post 2018 agreements.

Older divorce pacts can be modified to follow the new tax rules if both parties agree and they modify the agreement in 2019 or later to specifically adopt the tax changes.

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