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Alimony and 2020 taxes...
Posted on 1/15/21 at 12:54 pm
Posted on 1/15/21 at 12:54 pm
Is there any way (legally) to get some kind of deduction?
Posted on 1/15/21 at 1:27 pm to nwhsallstar2000
quote:
Is there any way (legally) to get some kind of deduction?
Start a company. Put her on your payroll.
Now, she will have to pay taxes. SO she may not go for that. That's the flip side of this. You no longer get a deduction, and she no longer has to pay tax on her alimony receipt.
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