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Old 09-08-2015, 09:30 PM
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Is Child Support payment tax deductible from self employment income?

I own a S-Corp in Va and pay my ex-spouse $560/ month or $6,720/year in child support payments.

Are the child support payments tax deductible payments from S-Corp on 1120S tax returns?

If yes, what is the category for the child support payment?



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