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What
This Calculator Can Do For You.
This calculator can help you figure out whether alimony recapture might apply
in your situation. (If it does, the payer gets a nasty tax surprise.
If alimony recapture would apply, you can use the calculator to figure out how
to structure your payments to avoid it.
How it Works.
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You fill in your best estimates (or alternate possibilities) for the
proposed alimony amounts to be paid per year in each of the first three years. (Press <Tab>, not <Enter> after each
number.)
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When you have entered all the numbers, you click "Submit for
Calculation."
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We send you, via e-mail, the results of this calculator run, that is,
the amount of alimony recapture on which the payer will have to pay income
tax (if any) in years 2 and 3.
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You use this information to make your decisions and make your case.
We will calculate the following:
- Amount of alimony recapture (if any) in
year 2.
- Amount of alimony recapture (if any) in
year 3.
- The amount of tax that will have to be paid
as a result of the recapture.
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