Posted by Fletcher Accounting and Tax Service Inc.

Learn the Benefits of Divorce Tax Breaks

Learn the Benefits of Divorce Tax Breaks

Getting a divorce can be a big thing for a couple but for your information, there are divorce tax breaks which can benefit you. As there are many forms which can confuse you such as 1099, W-2, 1040 and more. You have to choose the right one to appeal for the matter which is valid. 

If you do not understand, then you can always contact a tax preparer who is there to help you out. A tax preparer knows all the updated information along with knowing which form to be used for the situation you are in. If you send in the wrong form to IRS, they will directly reject the application and won’t proceed further. 

You will have to file again which can take longer and it will be wastage of time. So to save time, it is better that you take help from the right source and file with the right form. When you get a divorce, there are many changes which you can come across regarding filing taxes. You can get some of the deductions and exemptions which you can easily claim from IRS. 

Here are some of the things which you need to understand regarding the divorce tax breaks so that you do not miss out on them. 

Status of Filing 

Some people stay confused over the status of filing. As there are benefits of filing jointly, if you are married until the date of December 31st then you will have to file the taxes jointly. Well, if the divorce began by the end of the year but you live both live separately then still you would have to file jointly. Until you get the evidence that you have been divorced, then you can file as a divorcee. 

Claiming Dependency 

If you have a child and you are getting divorced, then you can claim it for your child as a parent. The child who is dependent on you, the divorce tax breaks apply to that situation. The child who is more than the age of a year and a half can surely make a claim. 

Child Support Deduction 

You are not able to get the child support deduction. The expenses which you pay for the child will be deductible through the taxes. Those parents can qualify for the expenses which are certainly related to the children. When the children are minor, there expenses like healthcare, college fee, and other expenses are some of the options for the tax breaks for the single parents. The deduction allowed is up to $9000 by the IRS which can be helpful for the parent to claim. 


The matter of alimony has been arguably for a lot of people. Whether you are a divorcee or about to get divorced, there are some of the payments which can be deducted. You have to fall under some of the circumstances such as there needs to be a written statement in the form of agreement. The evidence of not being a member of the same household. Without the child support, there is no determination of the payment. You can also acquire it over the death of your spouse with providing the death certificate. 

If you fall under the categories and all of them, then you can get the deductions fully by IRS. If it is the alimony in the form of property, then there is advantage attached to it. There is no income tax over the property alimony. You will not have to pay any tax over it. The payments which you give for the ex-husband/wife work as the home equity for you. 

Fee for Attorney

It is obvious that you would need an attorney to file divorce. Without an attorney, your work cannot be done easily or soon. There is no way for you to deduct the fee for the attorney so the deductions cannot be made. 

There may be benefits attached to the divorce tax breaks, but it is not worth it more than filing the taxes jointly. There are more advantages to being married rather than being divorced. So before you decide hassle, it is better to think twice rather than splitting up. 

Fletcher Accounting and Tax Service Inc.
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