Tax Tips Post-Divorce

A lot changes once you get divorced, and how you file your taxes is no exception. Here are some handy tips to make this tax season (maybe your first post-divorce!) as easy as possible:

  • Keep in mind when your divorce was finalized. You may have been legally single for some of the tax year, but married for the other part.
  • Once your divorce is legal, you will want to file as single. Make sure that your ex-partner’s name and social security number are nowhere on your filing to keep both of your records/filings separate.
  • Alimony is deductible from the income of the spouse that pays it.
  • Child support is not deductible from the income of the spouse that pays it.
  • Legal service fees and/or court filing fees are not deductible.
  • Tax advice service fees may be deductible.

If you are going through a divorce this tax season and have more questions, please contact Petrelli Previtera, LLC to schedule your initial consultation today!