What does alimony mean and where did it come from? 🤔 Episode 3 of Split Happens explores how alimony works, why it’s not always permanent, and how both parties can navigate financial stress with ...
JACKSONVILLE, Fla. – Divorce isn’t just emotional—it’s financial. And one of the biggest stressors in any separation is the unknown around alimony. How much will it be? Who pays who? For how long?
Alimony is taxable if your divorce was finalized before 2019. If your divorce was finalized in 2019 or later, alimony is not taxable income for the recipient, and the payer can’t deduct alimony from ...