Interest, Investment, Money Transactions (Alimony, Bad Debts, Applicable Federal Interest Rate, Gambling, Legal Fees, Loans, etc.)
Question: Can I deduct alimony paid to my former spouse? |
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Answer: If you are divorced or separated, you may be able to deduct the alimony or separate maintenance payments that you are required to make to your spouse or former spouse, or on behalf of that spouse. |
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Page Last Reviewed or Updated: December 04, 2008