Alimony payments will no longer be deducted from/added to taxable income for divorces dated after December 2018. What does this mean? Depending on if you are paying or receiving the alimony payment, the impact is to increase the cost of the payout and increase the benefit being received. Divorce attorneys should be aware of this change and negotiate accordingly.
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Denver, CO
Enjoying Every Day to Its Fullest!
Rainmaker
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44,276
Angelo Cusinato
CRMS, CMC, Mortgage Specialist NMLS # 207204
Service Areas
Why overpay for a home by overpaying for a mortgage? We put education at the top of the list for homebuyers & prepare them to get the right mortgage the first time and every time. Check our website at www.resourceplusmortgage.com for helpful information
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