Alimony, Child Support and Taxes

Many divorcing spouses in Connecticut or clients seeking a legal separation whether in the New Haven Court, Hartford Court, New Britain or Tolland, or any other Connecticut Court, ask a variety of tax-related divorce questions. Here are some additional divorce-related tax issues that come up in a Connecticut Divorce or Legal Separation:

Alimony v. Child Support: 

In simple terms, alimony is taxable income to the recipient of alimony and deductible by the person paying alimony. To qualify as alimony under IRC Section 71(b) the payments must meet the following requirements:

Child Support Calculations in Connecticut (cont.)

This is part 2 of a 2 blog series about Child Support calculations in Connecticut. Most responsible parents want to remain financially responsible for their children; however calculating child support is no easy task. We are providing this summary of changes as a tool for parents or attorneys who require understanding of the new changes. On July 1st 2015, the Child Support Guidelines have changed. The following is a summary of all major changes in the new CT Guideline, as published by the State of Connecticut Commission for Child Support Guidelines.

Child Support Calculations in Connecticut

This is part 1 of a 2 blog series about Child Support calculations in Connecticut. Most responsible parents want to remain financially responsible for their children, however calculating child support is no easy task. We are providing this summary of changes as a tool for parents or attorneys who require understanding of the new changes. On July 1st 2015, the Child Support Guidelines have changed. The following is a summary of all major changes in the new CT Guideline, as published by the State of Connecticut Commission for Child Support Guidelines.