Recent Posts in Tax Issues Category
Posted on Jan 29, 2013 By Thurman Arnold, III, C.F.L.S.
Q. If I pay make the mortgage payments on our family home, which my husband occupies, as part of our agreement for spousal support, is this tax deductible? A. Very possibly not. I've also written ...
Continue reading "Do I Get a Spousal Support Deduction for Payments Made on the Residence Owned With My Wife?" »
Posted on Jan 29, 2013 By Thurman Arnold, CFLS
Q. My wife and I separated in February, 2012. It is tax time and I am wondering if the money I've been giving her is tax deductible. We haven't filed for divorce or legal separation. A. I seem ...
Continue reading "My Wife and I Are Separated. Is Voluntary Spousal Support TAX DEDUCTIBLE?" »
Posted on Apr 1, 2012 By Thurman W. Arnold CFLS
Q. How do California Family Courts deal with depreciation in setting child and spousal support? Does depreciation reduce the paying spouse's income available for support and so lessen the amount ...
Continue reading "Do California Courts "ADD BACK" DEPRECIATION In Determining Child and Spousal Support?" »
Posted on Mar 8, 2012 By Thurman W. Arnold, III, C.F.L.S.
Form 8332 Must Be Submitted With Your Return If A Noncustodial Parent Wishes to Receive the Dependency Exemption for a Child Palm Springs CPA Brian Wachs recently brought to my attention an important ...
Continue reading "FORM 8332 NOW MANDATORY TO CLAIM DEPENDENCY EXEMPTIONS" »
Posted on Mar 30, 2011 By Thurman Arnold
Q. I'm separated from my ex-husband, and we are in the process of a divorce. He has asked me to file jointly on a 2010 return, and I am wondering if this is a good idea. Any suggestions? Trudy ...
Continue reading "TAX TIME Advice for SEPARATED COUPLES About JOINT TAX RETURNS" »
Posted on Nov 21, 2010 By Thurman Arnold, CFLS
Q. My Wife has filed for legal separation. Is this something that I should consider instead of divorce? A. TIP: A Judgment of Legal Separation can only granted where both parties agree and so consent ...
Continue reading "WHY Should I Consider a LEGAL SEPARATION?" »
Posted on Nov 11, 2010 By Thurman Arnold
Q. We were divorced three years ago and I haven't taken my ex-husband back to Court. I think he is earning a lot more now. Is there anything I can do to find out what his situation is short of ...
Continue reading "Is It Possible to Get My Ex's TAX RETURNS Without Any MOTION to MODIFY Pending Between Us?" »
Posted on May 26, 2010 By Thurman Arnold
Q. My lawyer mentioned something called "family support" as a way to possibly get more money from my ex-husband for child and spousal support. What exactly is family support and does it ...
Continue reading "What is FAMILY SUPPORT?" »
Posted on May 21, 2010 By Thurman Arnold
Q. What is the effect of claiming "head of household" status in a tax return? A. Head of household does not apply to joint tax returns. If you are divorced, or if you are married filing ...
Continue reading "What is HEAD OF HOUSEHOLD status for IRS purposes?" »
Posted on May 21, 2010 By Thurman Arnold
Q. My husband and I separated in 2009 but we are not divorced yet. We are on extension because he wanted me to sign a joint tax return with him, but I am nervous about doing it and keep stalling. He ...
Continue reading "Must I file a JOINT TAX RETURN if we are not yet divorced?" »
Posted on May 20, 2010 By Thurman Arnold
Q. My husband and I have separated, and pretty much agreed to work everything out without going to Court. But I would like some information about how any support we agree upon is taxed. A. Child ...
Continue reading "What are the TAX CONSEQUENCES of CHILD SUPPORT and SPOUSAL SUPPORT?" »
Posted on Apr 6, 2010 By Thurman Arnold
Q. The district attorney's office intercepted our tax refund to pay past due child support. If we divorce do I get any of this money back? A. You might. This tax refund was community property and ...
Continue reading "DCSS INTERCEPTED my TAX REFUND with my new Husband." »
Posted on Mar 24, 2010 By Thurman Arnold
Q. I remarried in August, 2009, and my new wife is a doctor. She has one child from her prior marriage and I have two. I am still paying my former wife alimony and child support even though the kids ...
Continue reading "I am remarried. How does my NEW MATE'S INCOME affect my SPOUSAL SUPPORT or CHILD SUPPORT OBLIGATION?" »
Posted on Jan 25, 2010 By Thurman Arnold
Please Note: There have been some important changes to IRS policies for how to claim the dependency exemption since this Blog was first written over two years ago - please click here for the latest ...
Continue reading "FORM 8332 is required to release DEPENDENCY EXEMPTIONS to Father awarded deduction!" »
Posted on Jan 20, 2010 By Thurman Arnold
Q. My ex wife, who is getting child support from me, has twice claimed our daughter on our taxes. We are supposed to alternate each year. I took her back to Court, and the Judge ordered that I get to ...
Continue reading "My ex wife has twice taken the DEPENDENCY EXEMPTION. I am supposed to get alternate years." »
Posted on Dec 29, 2009 By Thurman Arnold
Q. How are Social Securities Benefits Divided in Divorce? A. The Social Security Act of 1935, which as been amended numerous times over the years, is governed solely by the federal law. States are ...
Continue reading "How Are SOCIAL SECURITY benefits Treated In DIVORCE?" »
Posted on Dec 28, 2009 By Thurman Arnold
Q. What rights do I have to permanent spousal support? I live in Palm Desert, CA. A. Permanent spousal support is not usually "permanent," although it can be in cases of very long marriages ...
Continue reading "What is permanent SPOUSAL SUPPORT in California?" »
Posted on Dec 28, 2009 By Thurman Arnold
Q. How is temporary spousal support calculated in California? A. In order to be entitled to spousal support, parties must be married or be registered domestic partners. Spousal support (which is not ...
Continue reading "How is TEMPORARY SPOUSAL SUPPORT Determined in California?" »