Have a Tax Question? Ask a Tax Expert
Hello, Welcome to Just Answer.
Yea you will be required to file an income tax return since the spousal support income is more than the threshold which is $9,750
No you will not get any credits from your what your ex husband made
But you will be required to file a return for 2012
I have no forms, like a 1099 or w-2, all I have is court order for spousal report and bank statements showing his deposits. I am being taxed on $29,226.00?
yes, this amount is taxable income to you.
It just covers my rent, utilities and COBRA Ins.
with respect to community property you are entitled to half of the income and deductions that are community property.
if the spousal support includes monies received from community property then that portion is not consider alimony.
I called IRS yesterday. On phone waiting & talking 1 3/4 hrs. She said most of the eleven months, before our divorce on 11/20/12 would still be in community property and he would have to claim it that way.
yes that is true
But you would still have to report the $29,226 of income received as alimony
Are you waiting for something from me?
So I just fill out my 1040 tax return. I do not need any verifications to show where the $29,226.
please refer to the IRS website to get a better understanding on how the alimony should be reported.http://www.irs.gov/taxtopics/tc452.html
comes from? Do I also have to file a state form?
you will have to file both federal and state
your verification would be the checks that you recieve
there is no formal document for alimony
such as a 1099 etc
you will report this amount on line 11 on page one of 1040 tax return
So I do not have to include all the bank statements to verify his electronic payment.
On line 11, I put $29.266.00 and go from there. I do not need to worry about his part of filing even though the divorce was not finalized until 11/20/12
thats correct, you do not have to include any statements with the return to support the amount that you have received. yes you do not have to worry about his part of filing.
He would be taking the $29,266 as a tax deduction on his return.