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Is child support taxable?
Author: Ted Farley
Website: http://www.Tax-FAQ.com
Added: Sun, Jul 23, 2006 17:52:28
Category: Tax Questions
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Child support is not taxable. This is neither deductible by the payor nor taxable to the payee. Topic 422 of the Non-taxable Income determined by the Internal Revenue Services (IRS) stipulates that child support payments are not included in taxable income. Thus, it is not included in filing a tax return.
keywords: Taxes | Tax | Child Support | IRS About the Author:
Ted Farley answers frequently asked tax questions at PrettyGreatAnswers.com.
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