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Tax Deduction Consulting: Child Support Woonsocket RI

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.

Stephen F. McDonough
(508) 346-3805
9 SUMMER ST UNIT 301
FRANKLIN, MA
 
David Slepkow
(401) 437-1100
1481 Wampanoag Trail
East Providence, RI
Specialties
Criminal Defense, Family, Alimony, Adoption, Child Custody, Child Support, Car Accident, Divorce, Domestic Violence, Prenuptials, Uncontested Divorce, Personal Injury, General Practice, Brain Injury, DUI, Litigation, Medical Malpractice, Contracts
Education
Roger Williams School of Law,Emory University
State Licensing
Massachusetts, Rhode Island

H & R Block
(401) 596-2563
137 Main St
Westerly, RI
 
H & R Block
(401) 596-2563
137 Main St
Westerly, RI
 
Chamberland & Company
(401) 766-6639
607 Great Rd
North Smithfield, RI
 
Dennis Paul Bisio
(508) 222-4848
228 COUNTY ST
ATTLEBORO, MA
Specialties
Personal Injury, Juvenile, Child Support
State Licensing
Massachusetts

David Slepkow
(401) 437-1100
1481 Wampanoag Trail
East Providence, RI
Specialties
Criminal Defense, Family, Alimony, Adoption, Child Custody, Child Support, Car Accident, Divorce, Domestic Violence, Prenuptials, Uncontested Divorce, Personal Injury, General Practice, Brain Injury, DUI, Litigation, Medical Malpractice, Contracts
Education
Roger Williams School of Law,Emory University
State Licensing
Massachusetts, Rhode Island

Jackson Hewitt Tax
(401) 722-1040
Pawtucket, RI
 
Anthony's Tax Service
(401) 270-9040
1300 Broad St
Providence, RI
 
Satterley Heather D Accounting and Tax Service
(401) 289-2454
654 Metacom Ave
Warren, RI
 

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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