Posted on : February 24, 2023
Are there Tax Consequences for Alimony in Florida? Initially, Alimony in Florida is regarded as taxable income to the recipient and a deduction to the payor. However, As of January 1, 2019, the alimony tax deduction ceased. This means that the Alimony paid will no longer be taxable to the recipient and deductible to the […]
Posted on : January 23, 2023
Definition, Types, and Tax Rules of Alimony in Florida Alimony in Florida is the financial support ordered by the court for someone to give their spouse upon separation or divorce. It is a periodic predetermined sum given to a spouse after separation or divorce to support the spouse in maintaining the lifestyle they are used […]
Posted on : January 31, 2022
What Are The Alimony Laws In Tampa Florida? Florida has codified the Florida Alimony Laws in Florida Statutes §§ 61.08 and 43.25 through 43.27. What is Alimony In Tampa? Alimony is defined as “maintenance or support,” or financial support given by one spouse to another for either spouse’s benefit, whether paid in a lump sum […]