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Old 02-18-2007, 07:30 PM
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What are the main tax issues that one must consider in a Divorce Situation?

Dear Taxguru,

Can you please provide me an idea as to what tax issues or considerations I need to consider during the course of a divorce?

Thanks.
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  #2 (permalink)  
Old 02-18-2007, 07:40 PM
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Join Date: Jan 2007
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The most important tax issues during a divorce situation include but not limited to are as follows;

* Who will get the tax exemption for dependents?

* Who will be able to claim Head of Household status?

* Which attorney fees are tax deductible?

* How can you be sure "maintenance" payments will be tax deductible?

* How can you avoid the mistake of having child support be non-deductible?

I would recommend that you hire a CPA who is an expert in this area and attempt to resolve the above questions as a starting point in your post divorce tax planning.
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