The payment of alimony has tax ramifications.These tax ramifications only affect the payor of the alimony.

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The tax ramifications of alimony can affect both the payor and the recipient. For agreements executed after December 31, 2018, in the United States, the payor cannot deduct alimony payments, and the recipient does not include them as taxable income. For agreements executed before this date, the opposite is true: the payor can deduct and the recipient must include alimony as taxable income.

The Payment of Alimony Has Tax Ramifications