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Q: Is My Alimony Check Taxable?



 A: Most pensions are absolutely taxable. Some are partially taxable if you had a amount base in the pension. In a few different situations they may be tax-free. This is abnormally the case back they appear from the Veterans Administration or back they absorb affliction payments for accessible assurance admiral and firemen.

You should accept a Form 1099-R from the ambassador of the alimony plan. It usually tells you how abundant of the acquittal is taxable. See the instructions for IRS Form 1040 or 1040A, and additionally see IRS Pub 575, “Pensions and Annuities,” for added information. You can get admission at www.irs.gov by beat on the Forms & Publications articulation on the larboard ancillary of the page.



 These questions are absolute inquiries submitted by taxpayers to our AARP Tax-Aide Program. The AARP Tax-Aide Affairs is a volunteer-run, chargeless tax-preparation and abetment affairs offered to low- and middle-income taxpayers with appropriate absorption to bodies age 60 and older. Our volunteers are accomplished and IRS-certified to accept alone federal-tax issues. Our volunteers accommodate tax abetment as a accessible account and cannot agreement the accurateness of the advice provided.



 

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