Tag Archives: Divorce

Sick and Divorced

Today we hear from Karen in PA who tells us, “ I just got divorced. I am entitled to $40,000 of hubby’s 401(k). I’m permanently disabled and haven’t worked since 2003. I need this money for necessities, but don’t want to pay early withdrawal or tax penalties. Because I’m disabled and receive a pittance from […]

Getting Ex-Wife’s W-2

Today TaxMama hears from Bernie in New York, who’s quite frustrated. “My ex-wife and I are working on funding our child’s college education. How can I find out if her $18,000 W-2 is complete and honest? Her husband is showing her as his company’s secretary at this reduced income level. How can I get copies […]

The Tax Custody Issue

Custodial Determination Changes Under Proposed Regulations by David & Mary Mellem, EAs Ashwaubenon Tax Professionals Proposed Regulation §1.152-4 contains changes that will surprise many taxpayers as well as tax professionals. We’ll number the provisions just for simplification. 1) The rules apply when the child’s parents are divorced, legally separated, or live apart at all times […]

Dependents and Re-Marrying

Today TaxMama hears from Denise in NJ, who wants to know. “If a couple gets a divorce, and the woman gets to take the children as dependents in lieu of alimony, what happens if she remarries and does not hold a job any longer? Can she file jointly with her new husband and still use […]

Buying Hubby Out

Today TaxMama hears from Char in the Tax Parlor who tells us, ” I have a friend who got a divorce last year, 2006. He and his wife owned a house together. Rather than sell the house and split the profit of the sale, the wife chose to keep the house and buy her husband’s […]

Not Alimony

Today TaxMama hears from Lorrie in New York who just got a sudden shock, “My divorce settlement of 2004 clearly states that neither party can make a claim for maintenance or spousal support. I do get 1/2 the net of my former husband’s retirement pension. The State deducts our taxes on the full amount, before […]

Divorce Payments

Today TaxMama hears from Gary in Missouri, who tells us “I am a retired military man and the judge gave my ex-wife one half of my retirement check…actually, I lose 55%, including child support. Is any of that deductible from my taxes?”

Divorce Tax Issues

Today TaxMama hears from William Perez, our Taxes.About.com http://taxes.about.com/ guide who brings up some interesting points about divorce and tax issues in response to yesterday’s Eva, Great question from a reader. I have a client in a similar situation. They are separated but not yet divorced. The other spouse has filed all returns as MFS. […]

Copy of Ex’s Return

Today TaxMama hears from Mary in Indiana who has these concerns. “I am going through a divorce. How can I get a copy of my husband’s tax return? Also he has not filed since 1989, how far can the IRS go back?”

Forged Signature

Today TaxMama hears from Evelyn in San Jose, CA who has this tale of woe, “My ex-husband filed a joint taxes for us for 2004. We were separated and lived in different states at the time he filedr. Since we were together the majority of 2004 and he had a copy of my payroll stubs […]

Alimony – Un-Alimony

Today TaxMama hears from Mimi in Nashville, TN who asks, “My ex-husband paid me alimony for most of 2005, but quit paying in September and filed a Petition for Reduction. The court ruled in 2006 that he pay me the 2005 alimony retroactively. He has appealed. If he prevails on appeal, I will have to […]