justsomeguy
Member
What is the name of your state (only U.S. law)? California.
so I just got divorced and my wife and I have agreed to handle all the financial stuff between us. We have a child (stays mostly with her mom) and I will do my best to take care of them, I'm more concerned with peace than money. That being said I don't make much 45K she doesn't work. (school)
I know if I pay her Alimony then she has to claim it and I can deduct it from my taxes. That would put her at about 12K for the year, and me at about 33K for the year (she's getting a bunch of other stuff) but anyway. I'm thinking at 12K she would owe nothing in taxes and at 33K I would probably owe much less in taxes than I owe at 45K, so maybe I should make it official?
Is my thinking correct on that? Would I be able to designate it as alimony vs. child support?
Thanks for any advice.
so I just got divorced and my wife and I have agreed to handle all the financial stuff between us. We have a child (stays mostly with her mom) and I will do my best to take care of them, I'm more concerned with peace than money. That being said I don't make much 45K she doesn't work. (school)
I know if I pay her Alimony then she has to claim it and I can deduct it from my taxes. That would put her at about 12K for the year, and me at about 33K for the year (she's getting a bunch of other stuff) but anyway. I'm thinking at 12K she would owe nothing in taxes and at 33K I would probably owe much less in taxes than I owe at 45K, so maybe I should make it official?
Is my thinking correct on that? Would I be able to designate it as alimony vs. child support?
Thanks for any advice.