Divorce & Separation Issues

Taxpayers must resolve many tax-related matters when they separate or divorce. Failing to consider these tax issues can have a long-term financial impact. Taxpayers contemplating separation or divorce are encouraged to consult with this office before finalizing any agreements. The following are some of the frequently encountered issues:

Filing Status for Separated or Divorcing Taxpayers - Filing status for a tax year is determined on the last day of the tax year. This article details the filing options available.

Joint & Several Liability - Explores the liability of filing a joint return with a spouse or separated spouse.

Who Claims the Children in a Divorce Situation? Explains the tax rules that determine which parent in a divorce situation is entitled to claim the exemptions for the children.

Property Transfers Incident to Divorce - Discusses the tax treatment of property transferred between spouses incident to a divorce.

Special Home Sale Rules for Divorcing Taxpayers - Explains the special rules associated with home sales and home gain exclusion in a divorce.

Divorce Doesn't Untie the Mortgage Knot - Find a way to remove yourself from the mortgage and avoid any adverse consequences that may result from a divorce.

Alimony - Explains what constitutes alimony and the tax treatment.

Dividing Pensions as Part of a Divorce - There are special rules associated with dividing pensions as part of a qualified domestic relations order incident to a divorce.

Medical Expenses of Children of Divorced or Separated Parents - A brief discussion of who can claim medical expenses for children of divorced parents.

Who Gets The Education Credits? IRS regulations put an interesting twist on who can claim the credits for a dependent.

Community Property and Divorce - Explains the special considerations associated with community property in a divorce.