Alternet -According to a report in Politico, a 76-year-old deduction for alimony payments in the tax code will disappear in 2019 under the Tax Cuts and Jobs Act signed into law by Trump last December. Loss of that deduction — often for thousand of dollars — can have a serious financial impact on a couple already saddled with the financial difficulties that come with setting up separate households.
Noting that child support payments are already not deductible, lawyers claim the real victims of the tax law change will be women facing tougher fights in cases where their husbands make substantially more than they do.
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