Taxpayer’s payments to his ex-wife did not qualify as deductible alimony under I.R.C. §71(b)(1)(B), the U.S. Court of Appeals for the Eleventh Circuit held, affirming the U.S. Tax Court’s grant ...

alimony payments, student loan interest, and teaching expenses. Itemizing is typically more beneficial if your total deductible expenses exceed the standard deduction. Tax credits are often more ...

Like most filers, we usually take the standard deduction, but itemizing our taxes is saving us money this year.

But that's not all. You might also be facing alimony payments, child custody arrangements, home sales, and other divorce-related issues that can affect your taxes. To help with these issues ...

including the following for tax year 2024: Alimony: The payor of alimony can deduct payments for divorce agreements executed before Dec. 31, 2018. Educator expenses: Educators can deduct up to $ ...

As part of the settlement, Chahal is set to pay ₹4.75 crore as alimony to Verma. He has already transferred ₹2.37 crore, with ...

Indian cricket team spinner Yuzvendra Chahal and Dhanashree Verma on Thursday were granted divorce by a Bandra family court.

alimony payments, student loan interest, and teaching expenses. Itemizing is typically more beneficial if your total deductible expenses exceed the standard deduction. Tax credits are often more ...