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Robin D.
Robin D., Senior Tax Advisor 4
Category: Tax
Satisfied Customers: 13343
Experience:  15years with H & R Block. Divisional leader, Instructor
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How much income tax will I have to pay on alimony of

Customer Question

How much income tax will I have to pay on alimony of $144,000 per year? I have deductions of:
$14,000 in mortgage interest and taxes and whatever the individual deducation which I do not know. I live in Florida and not sure if there is State taxes as well. Thank you.
Submitted: 1 year ago.
Category: Tax
Expert:  Robin D. replied 1 year ago.

Hello

Florida does not have an Individual Income Tax so you would have no state tax to pay.

Do you have any dependents?

Expert:  Robin D. replied 1 year ago.

If you have no dependents and you use the itemized deductions (claim mortgage interest) then your tax would be estimated at $28,350.

You can also claim real estate taxes with that mortgage too.

Expert:  Robin D. replied 1 year ago.

If my answer addressed your question please rate below or above (let me know if you have difficulty as I believe the system changed), if you need more information reply below.

Expert:  Robin D. replied 1 year ago.

Please advise Susan, if you need more information or rating in a positive way is acceptable.

Expert:  Miel-cssm replied 1 year ago.
We received your customer service inquiry, however, we are unable to respond to you because we do not have your email address. Please contact customer support at***@******.*** and provide us with your email address and a link to this question page so that we can help you. http://www.justanswer.com/tax/9fs0q-income-tax-will-pay-alimony-144-000-per-year-deductions.html. Thank you, ***** ***** Customer Support Team.
Expert:  Robin D. replied 1 year ago.

Hi Susan

You mentioned a forensic accountant in your section for what you have tried but your own tax liability would be a different situation than an accountant going over your joint or ex's income tax filing.

Please post below if you need to discuss your own tax filing obligations further.