Have Tax Questions? Ask a Tax Expert for Answers ASAP
Hello JA Customer,
Were these payments he made ordered by the court?
Hello again JA Customer,
Child support payments are not taxable income to you. But I do not see how lease payments on your van and insurance for the van or EZ pass fees are connected to child support.
If your divorce decree specifically states that these are part of child support payments then this would not be taxable income to you. However if this is part of spousal support he was ordered to pay, then it is considered alimony and you would be liable for taxes on those amounts.
Thank you JA Customer
If the payments he is making on the van lease, insurance and EZ pass are all part of designated child support, then he cannot claim this as spousal support and you are not liable for tax on these payments.
The IRS regulations state:
A payment that is specifically designated as child support or treated as specifically designated as child support under your divorce or separation instrument is not alimony. The amount of child support may vary over time. Child support payments are not deductible by the payer and are not taxable to the payee.