Steve and Laura were divorced in 2012. Laura pays Steve alimony of $1,200 a month. The payment amount was agreed upon in the decree of divorce. To save money, Steve and Laura still live together. Are the alimony payments that Steve receives in 2019 included in his income?

Question

Quizplus · Accepted Answer

For tax purposes, alimony payments do not qualify as deductible alimony by the payer or includable in the recipient's income if the parties are filing jointly or if they are living in the same household.

Steve and Laura Were Divorced in 2012