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Tax Deduction Consulting: Child Support Conway AR

The truth is that the IRS is being consistent in this ruling and is not being unfair to the non-custodial parent, at least not deliberately. The principle that guides the idea of deductions of this sort is the idea that what generates a tax break for one entity generates income for another.

Julie Alicia Howe
(501) 801-3778
1304 W 2ND ST
LITTLE ROCK, AR
Specialties
Criminal Defense, Juvenile, Child Custody, Child Support, Divorce, Personal Injury
Education
University of Arkansas at Little Rock, William H. Bowen School of Law,Henderson State University
State Licensing
Arkansas

Victor D. Wright III
(501) 376-0400
111 Center Street Ste 1200
Little Rock, AR
Specialties
Child Support, Child Custody, Divorce, Personal Injury
Education
Arkansas State University, Jonesboro
State Licensing
Arkansas

Donna S Stephens Ltd
(501) 329-7021
2220 Washington Ave
Conway, AR
 
Syble Williams
(501) 327-7123
16 Acklin Gap Rd
Conway, AR
 
Schichtl Robert G II
(501) 336-8900
817 Parkway St
Conway, AR
 
Carrol Ann Hicks
(501) 771-1817
5321 John F. Kenny Blvd., Suite A
North Little Rock, AR
Specialties
Family, Divorce, Child Custody, Child Support, Mediation
Education
University of Arkansas at Little Rock, William H. Bowen School of Law,University of Arkansas - Fayet
State Licensing
Arkansas

Jason Daniel Files
(501) 374-0616
1409 Cumberland Street, Suite One
Little Rock, AR
Specialties
Adoption, Appeals, Car Accident, Child Custody, Child Support, Construction, Criminal Defense, Debt Collection, Divorce, Federal Crime, General Practice, Personal Injury
State Licensing
Arkansas

Freeman Tax Service
(501) 327-2901
Highway 64 E
Conway, AR
 
Hawkins Joel F CPA PA
(501) 329-6527
815 Parkway St
Conway, AR
 
Refund Express
(501) 327-2000
1217 Front St
Conway, AR
 

Tax Deduction Consulting: Child Support

Child Support Tax Deduction

The money that you pay for child support can not be used as a tax deduction.

Child Support Tax Deduction

Many non-custodial parents who are paying child support feel that this is just another example of how unfair the divorce and custody laws are structured. They know that the recipient of the child support is not claiming the support as taxable income. So, the custodial parent is getting, in effect, a tax break. It would seem to be fair that they receive a tax break also.

The truth is that the IRS is being consistent in this ruling and is not being unfair to the non-custodial parent, at least not deliberately. The principle that guides the idea of deductions of this sort is the idea that what generates a tax break for one entity generates income for another. It is a question of balance. One tax writer quipped that the formula that you use is "the IRS gives and the IRS takes away." What this means is that when you claim a deduction for something, use a medical payment to a doctor for example, someone else receives income. In this case, the doctor reports income, and you take a deduction.

This line of reasoning does not completely explain the child support tax deduction situation. The idea of generating income for others does not work in every case. There are certain functions that are considered normal and ordinary. Everyone must buy food, and so although the grocery store receives taxable income when you buy a steak, you can not claim it as a deduction for this reason. It is only when the item is something that is not a normal and expected expense that the idea of deducting it from your income comes into play.

In the case of child support, if you were not separated and living with your spouse and children, you would be paying for their clothing and their food. This would be normal and expected and you would not be claiming deductions for the things that you would be paying for their "support." The IRS does not make a dis...

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