Helping Clients Understand Tax Implications in Divorce

It is highly advisable to seek professional help when trying to make important tax decisions while divorcing. If you misunderstand implications, the tax penalties could be steep or an unexpected amount. It is important to make well-informed decisions. you can do this by speaking with a trusted, experienced divorce attorney who can help you understand tax implications and how to proceed through your divorce.

Divorce is Not Tax Deductible Unless …

Divorce and lawyer fees are not and have never been a tax write-off. It is a common misconception to think that child support and alimony are deductible expenses for the paying party but, according to the Internal Revenue Service, they are not. Divorce costs are rarely deductible. However, for couples divorced before December 31, 2018, spousal support recipients continue to have to pay taxes on the amount received. This also means the spouse paying alimony can list it as tax deductible.

Tax law and implications in regard to divorce are nuanced. To ensure that you are aware of future taxation and do not face unnecessary penalties, consult with an experienced divorce attorney. Claudia J. Zucker and her legal team in Northern Virginia offer exact, knowledgeable legal advice to divorcing clients. Contact our firm to learn more.

Contact Our Firm—Divorce Attorney in Northern Virginia

Claudia J. Zucker proudly serves the northern Virginia area, assisting in comprehensive divorce and family matters. Contact our Fairfax office at (703) 596-1005 to learn how we can help you understand your new tax situation after you file for divorce.