Nun finds gold in Splitsville.
Feb. 23rd, 2017 07:21 amLast night I fired up my new printer to do its first legit job: tax forms for me & m'boy. Not post-worthy, you may protest, but wait.
As I read my 1040 - this will be the first year in decades that I've done my own taxes - I was informed of something that makes perfect sense but hadn't occurred to me: alimony is tax deductible. I pay quite a bit of what Washington state calls "maintenance" to my ex. I should have a hefty refund check coming, something with which I am a-OK.
The flip side of this is, of course, that Ex has to pay taxes on that income from me. But she's always been smart about that sort of thing, and it's not my problem anyway.
As I read my 1040 - this will be the first year in decades that I've done my own taxes - I was informed of something that makes perfect sense but hadn't occurred to me: alimony is tax deductible. I pay quite a bit of what Washington state calls "maintenance" to my ex. I should have a hefty refund check coming, something with which I am a-OK.
The flip side of this is, of course, that Ex has to pay taxes on that income from me. But she's always been smart about that sort of thing, and it's not my problem anyway.