If you will soon be paying or receivingalimony payments there are several things you should become familiar with.
To begin, alimony payments must be specifically outlined in any divorce
agreement, as well as separation and annulments. Even if you decide to
give your spouse payments after your marriage they will not be considered
alimony unless recognized by a legal authority. Only alimony payments
will be eligible for tax deductions as taxable income; any voluntary payments
cannot be considered as such.
All payments must be made as cash or liquid payments like money orders
or checks. Any amounts of money that are earmarked for supporting dependents
or children cannot be claimed as alimony.
If both spouses still live in the same household, even after divorce, any
payments made between them cannot be claimed as alimony. When one spouse
dies the alimony payments should not continue; if they do, however, any
payments made will not be eligible for tax-deductions.
Planning to obtain alimony?
Contact us to discuss your situation with a
Jacksonville family law attorney who is familiar with Florida spousal support laws.