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Wednesday, June 29, 2011

Can I deduct my child support and/or Alimony payments on my taxes?

Child support payments are not tax deductable for the person who pays it and the recipient of child support is not taxed on the support received. Alimony on the other hand is tax deductable for the person who pays it and taxable for the person who receives it. jdf (205)912-8247



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