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Need some clarification regarding Alimony.
I SAW THIS IN WILEY———-For divorces finalized before 2019, alimony is taxed to the recipient and the payor is granted a deduction (“for AGI”). If a divorce is settled after 2018, alimony is not taxed to the recipient and the payor is not granted a deduction (“for AGI”).
THEN I SAW THIS IN NINJA———-Divorce prior to December 31, 2018—–TAXABLE
Divorce after December 31, 2018———NOT TAXABLE
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