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YES it is and it is entered on your 1040 income tax return line 11 Alimony received
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Maximum garnishment for alimony in Illinois?
what is the maximum percentage or $ for garnishment of wages for alimony in illinois. I have fully completed child support and am continuing to pay for their colleges. I am trying to get alimony lowered but having a difficult time.
Can a wife get alimony from a cheating husband?
Alimony is a maintenance payment by a person to his or her spouse. The rules vary significantly between states and between countries but in general, the payment is set by a court and will take into account matters such as behavior of both parties , previous lifestyle and the needs of each person. Cheating is behavior that will gain no reward from the court but is rarely the only factor in the judgment made. Alimony is not child support. Regardless of the behavior of either the husband or the wife, child support payments are almost always demanded from the absent parent to assist in the costs of raising children, if there are are any. In this enlightened age of equality, alimony and child support payments may be required from either the wife or husband depending on the circumstances.
A progressive tax means that as taxable income increases the percentage of income paid on taxes also increases?
True(Kaylop)
Amount of money earned?
Income
Distinguish between proportional tax and progressive tax?
A proportional tax takes the same percentage of income no matter your income level. A progressive tax, on the other hand, takes a larger percentage of income as your income increases. An example of a proportional tax is the Medicare tax (everyone pays 1.45% of all income), while the U.S. income tax is an example of a progressive tax (higher incomes get bumped into higher tax brackets). Many people believe sales taxes to be proportional because everyone pays the same rate, but because sales taxes only apply to spending rather than overall income they almost always turn out to be regressive.
Can income from ex-spouse's live-in lover be considered for alimony?
No. Alimony by definition is payment made by a spouse as ordered by the court. The "lover" has no responsibility for you. Don't even go there.
Is sporadic income included in determining alimony?
Sporadic income may be considered in determining alimony, but it is generally the average or expected income that is most heavily weighed. If sporadic income significantly impacts the overall financial situation of the parties involved, it may be taken into account when calculating alimony.
How can you deduct alimony payments when paying taxes?
Alimony payments are deductible as an above-the-line deduction on your Federal income taxes. They are reported on Line 31a of Form 1040 for 2010. Note that Line 31a also requires you to report the Social Security Number of the person you paid alimony to, because it will be considered taxable income for them. It's important to point out that child support payments are NOT deductible. So, if you are making monthly court-ordered payments that include both alimony and child support, you can only deduct the portion of those payments that are considered alimony. Usually the court order will specify these amounts.
Can the new wife be responsible for paying alimony to her husband's ex-wife?
No, you would not be responsible for your husband's alimony payments to his ex-wife if he can't pay. Your income is not considered a factor in payments. Depending on the agreement, your husband may modify the alimony payments in court if he can show proof he is unable to pay.
Which US states do not allow income garnishment for alimony?
None.
Can your alimony that you get increase?
The alimony you get can increase based on the income of both spouses. If the person paying the alimony starts to make more money, they can be required to pay more based on a percentage.
What types of income are considered when determining eligibility for senior low income housing?
Types of income considered for determining eligibility for senior low-income housing typically include Social Security benefits, pensions, retirement savings, alimony, and income from part-time or full-time employment. Other sources of income, such as rental income or investments, may also be considered. Each housing program may have specific income limits and guidelines for eligibility.
can my wife receive alimony if i was not working when we were together?
Your wife can sue for alimony based upon her desire for supplemental income. However, if you were not working and she brought in all income, the suit will not win. If you cannot work and have disability income, then you need to contact an attorney so that your disability income is not garnished.
what is the alimony law here in beaufort county, sc do i rate alimony after only one year of marriage?
It is depending on the husband income in order to determine the amount of alimony that is allotted and the time of marriage.
Can a woman get welfare and alimony?
Yes, depending on state rules and income limits for welfare. Alimony may not be the best choice for the custodial parent.
Do you get alimony if you separated and my husband move a women in my home with my name on it and got the women pregnant?
That's up to the judge in the divorce case. If your husband's income is significantly higher than yours, you'll probably get alimony. If your income is higher, you probably won't (and may even have to pay alimony).
Can your husband's ex use your income to collect alimony in the state of Arizona?
No, it is not attachable.
