Community Forum

Is Alimony Taxable Whether alimony is taxable depends on when the divorce or separation agreement was finalized. For agreements completed before January 1, 2019, alimony payments are taxable income for the recipient. However, for agreements finalized on or after January 1, 2019, alimony is not taxable to the recipient under current U.S. tax law. This change was introduced by the Tax Cuts and Jobs Act. Recipients should always review their divorce agreement and consult a tax professional to ensure proper tax treatment.