I asked a friend why the hell he agreed to crazy alimony and he said “for the tax deduction.”!
“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!
Sounds like the people that think getting a big tax refund means they outsmarted the IRS or something.
No, it means that you just gave the government an interest-free loan.