Portrait of John K Grubb

Texas Divorce and Prenuptial Agreement

5005 Riverway Drive, Suite 450 • Houston, Texas 77056

Phone: 713-877-8800 • Fax: 713-877-1229

Archive for January, 2012

Alimony Has Tax Consequences for Recipient and Payor

When a court awards alimony (also called spousal support or spousal maintenance), this has tax consequences for both spouses. For the spouse receiving the alimony, he or she must report that as income for tax purposes. For the spouse paying the alimony, he or she is able to deduct those payments, but only if the…
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