Learn how the income exclusion rule categorizes certain incomes, like certain interest and child support, as tax-free, ...

Testimony of Nick Gwyn, Senior Fellow for Government Affairs, Center on Budget and Policy Priorities, Before the House Ways ...

The Internal Revenue Service’s deadline for filing and paying your 2020 taxes is April 15, 2021. It’s never too early to start planning for Tax Day — and it’s better to answer any questions you might ...

When you’re responsible for paying child support, you might wonder if you can claim the payments as a deduction on your tax return. Although child support payments can’t be claimed as a tax deduction, ...

In high income cases, unlike alimony, which can be bigger numbers, child support is usually much less. Moreover, since even in high income/over guidelines cases, you have to start by looking at what ...