Why does alimony paid by the higher-income custodial spouse not generate a tax deduction for purposes of the guideline calculation?
Question: Why does Alimony paid by the higher-income custodial spouse not generate a tax deduction for purposes of the guideline calculation? Answer: This issue comes up in the context of alimony paid by a higher income spouse. The sequence of calculations is as follows: 1. Taxes for both parties are calculated. 2. Net income is […]