Alimony has always been income to the recipient and a deduction to the obligator.
No more. All separation or divorce decrees executed after December 31, 2018 - Alimony is no longer deductible to the obligator, therefore no longer taxable to the recipient.
This new rule does not effect agreements executed prior to 12/31/2018.
No more. All separation or divorce decrees executed after December 31, 2018 - Alimony is no longer deductible to the obligator, therefore no longer taxable to the recipient.
This new rule does not effect agreements executed prior to 12/31/2018.
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