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Tax Deduction Consulting: Child Support Denver CO

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.

Sharon Deine Liko
(303) 534-4888
1050 17TH ST STE 1700
DENVER, CO
Specialties
Family, Divorce, Child Custody, Child Support, Domestic Violence
Education
University of Denver College of Law,Arizona State University
State Licensing
Colorado

Leslie Matthews
(303) 329-3802
1890 Gaylord St
Denver, CO
Specialties
Family, Child Custody, Child Support
State Licensing
Colorado

Marc J Kaplan
(303) 458-5500
2300 15TH ST STE 200
DENVER, CO
Specialties
Family, Child Custody, Child Support, Divorce
Education
University of Denver Sturm College of Law,Duke University
State Licensing
Colorado

Diane Susan Freed
(303) 462-0110
777 South Wadsworth Blvd., Suite 1-105
Lakewood, CO
Specialties
Family, Child Support, Child Custody
State Licensing
Colorado

Masayo Quick
(719) 694-1284
1780 South Bellaire Street, Ste. 600
Denver, CO
Specialties
Family, Child Custody, Child Support
State Licensing
Colorado

Susan Helen Defreitas
(303) 761-0144
1828 Clarkson Street, Suite 250
Denver, CO
Specialties
Divorce, Child Custody, Child Support, Prenuptials, Family
Education
University of Denver College of Law,Metropolitan State College of Denver
State Licensing
Colorado

Julia Marie Purchase
(303) 458-5500
2300 15TH ST STE 200
DENVER, CO
Specialties
Family, Child Custody, Child Support, Divorce
Education
University of Houston Law Center,University of Texas System, Austin
State Licensing
Colorado

Michael Andrew Zywicki
(303) 777-4200
695 S COLORADO BLVD STE 480
DENVER, CO
Specialties
Appeals, Car Accident, Child Support, Divorce, DUI, General Practice
Education
Vermont Law School,Vermont Law School,Frostburg State University,University of Amsterdam
State Licensing
Colorado

Eileen S Kottenstette
(303) 757-8300
1660 S Albion St Suite 1100
Denver, CO
 
Jonnye Julene Phifer
(303) 462-0110
777 S. Wadsworth Blvd., #1-105
Lakewood, CO
Specialties
Family, Child Support, Child Custody
State Licensing
Colorado

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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