As per the tax laws in the United States of America, if you are receiving alimony payments from your ex-spouse, it will be treated as your income and you have to pay taxes on it. However, when it comes tax payment on alimony income, there are plenty of factors that are taken into account, such as the amount of money you are receiving, how frequently you are receiving it, and an array of other such things. In order to pay taxes on alimony, you will have to provide the details regarding the receipt of this income while you are filing your tax return.
A Step-By-Step Guide To Collect Delinquent Alimony Payments
When it comes to collecting delinquent alimony payments, there are several factors that you need to take into your careful consideration. Things can be easier for you if you have some idea about the laws applicable in your state in this regard. Besides that, you also need to be well aware of your legal rights. In order to make sure that your legal rights are well protected and that you get a favorable judgment from court, you may also need some expert legal assistance.
Can An Atlanta Family Law Attorney Help You Qualify For Mortgage With Alimony?
If you are in Georgia and are receiving alimony from your ex-spouse, you may qualify for mortgage by showing these payments as regular income, but you will need the help of an experienced Atlanta family law attorney. Atlanta lawyers are considered to be the best in the state of Georgia. But, before you hire one, make sure you do a thorough background check by reviewing their credentials. You can contact your local bar council for this. Involvement of alimony affects both the parties – the person who is paying it and the person who is receiving it.
Is It Possible To Refute Alimony With The Help Of An Atlanta Family Law Lawyer?
First things first, just because you have hired an experienced Atlanta family law lawyer to represent your case, it does not mean that you will be able to refute alimony, but yes, it definitely maximizes your chances. Georgia laws have strict provisions in this regard and there are plenty of factors that are taken into consideration in order to decide whether alimony should be approved or not. In certain conditions, the alimony payments may even be ceased or limited to a very small amount.
How To Determine Who Should Be Awarded With Alimony Payments And How Much?
When a divorce takes place, the court may make one ex-spouse liable to make a certain amount of money every month to the other ex-partner. These financial support payments are commonly referred to as alimony payments. The problem here is that there are no specific laws in most states on how to determine the amount of such financial support to an ex-spouse. In general, it is entirely up to the court to decide whether alimony has to be paid at all.