What is transitional marriage?
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What is transitional marriage?
The newly married pair form. and instant family — not just a couple. They move into each others’ lives at different stages of their own, and of their childrens’ lives. They each bring a different history, and part of their previous family.
Does child support offset alimony?
In the end, child support usually affects alimony in two ways: For the person receiving alimony, it decreases the need for alimony (read: you usually receive less alimony as you receive more child support).
Is alimony calculated before or after child support?
The guideline states that the paying spouse’s support be presumptively 40% of his or her net monthly income, reduced by one-half of the receiving spouse’s net monthly income. If child support is an issue, spousal support is calculated after child support is calculated.
Can I claim alimony payments on my taxes?
Certain alimony or separate maintenance payments are deductible by the payer spouse, and the recipient spouse must include it in income (taxable alimony or separate maintenance). Alimony and separate maintenance payments you receive under such an agreement are not included in your gross income.