“I asked a friend why the hell he agreed to crazy alimony and he said “for the tax deduction.”
I have a friend whose divorce attorney did it right: Alimony, she pays the taxes; child support, he pays the taxes. He pays her only alimony. Hilarious!
Hello, that is not the attorney, that is how it works. the wife pays tax on alimony as ordinary income, and not on child support.