Divorce & Marriage Issues

Annulment decree payments

Answer:

Yes. Annulment decree payments qualify as deductible alimony payments. They also would be considered taxable income to the recipient. They should be reported as alimony (adjustment or income) on IRS Form 1040 page 1.
CPAdirectory
Answer Provided by: CPAdirectory

Share This Answer

Looking For More?

View all Divorce & Marriage Issues Questions

View More Questions