Alimony
TaxesCourt-ordered payments from one spouse to another after divorce; no longer tax-deductible for divorces after 2018.
Example
Example: On a $75,000 salary, understanding alimony could save you hundreds or thousands at tax time. For instance, if you are in the 22% marginal bracket, knowing how alimony works helps you make smarter decisions about deductions, credits, and withholding. Check your tax picture with our income tax calculator.