The Alimony Gap - Article Highlights: Alimony is deductible - TopicsExpress

The Alimony Gap - Article Highlights: Alimony is deductible to the payer.  Alimony is income for the recipient.  The IRS matches alimony deductions and income by SSN.  Alimony is often confused with child support payments.  Audits can lead to filing penalties.  Individuals who pay alimony can deduct the amount paid from income on their tax return to reduce the amount of their personal income tax. Conversely, individuals who receive al... ow.ly/2L51eo

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