Thursday, August 25, 2016

Divorce and your taxes


If you are divorcing or recently divorced, taxes may be the last thing on your mind. However, these events can have a big impact on your wallet. Alimony and a name or address change are just a few items you may need to consider. Here are some key tax areas to keep in mind.

Child Support.
Alimony Paid.
Alimony Received.
Spousal IRA.
Name Changes.
Special Marketplace Enrollment Period.
Changes in Circumstances.
Shared Policy Allocation.

For more information contact Neikrik, Mahoney and Smith at 502-896-2999

Courtesy of IRS

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