Mowery Youell & Galeano, Ltd.
Mowery Youell & Galeano, LTD. Attorneys at Law
485 Metro Place South, Suite 220 Dublin, OH 43017
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Posts tagged "Alimony"

How does alimony affect my income taxes?

While negotiating with your spouse about whether one of you should pay spousal support to the other, one factor you should consider is the tax implications. Those who have never paid or received spousal support before may not realize that it could affect their income tax bill, either positively or negatively.

What are the tax implications for spousal support?

Whether or not you pay or receive child support or alimony as part of your divorce order will have implications beyond the size of your bank account. Single, married or divorced, income tax time will come. And the terms of your divorce may affect how much you are expected to pay.

When Ohio law allows spousal support modification

Spousal support payments are not necessarily set in stone in Ohio, but neither may the former spouse making the payments just decide to stop unilaterally. There is a legal process in which spousal support, also known as alimony, can be modified. Exes can ask the court to adjust the amount being paid, or other important terms of the original order.

How is alimony determined in Ohio?

Though it is common in Ohio for both spouses to work outside the home, a lot of other couples agree to have one spouse be the sole breadwinner, while the other takes care of the home and does the majority of the child-rearing.

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