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50 Northcrest Drive, Council Bluffs, Iowa 51503

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Monthly Archives: March 2016

Taxability of Alimony – “Do I Have to Pay Tax on My Alimony?”

By Mar 18, 2016 Posted in Articles

In many divorce cases, alimony (which is also sometimes called “spousal support”) is awarded.  The concept of alimony is to award money from one spouse to the another during the pendency of the proceedings pursuant to an order of the court or after the entry of the Decree.  Alimony has to be court ordered to be tax deductible. In Iowa, there are three types of alimony: reimbursement, rehabilitative and traditional alimony.  Each serves a different […]

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50 Northcrest Drive, Council Bluffs, Iowa 51503
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