Navigate:

Can I deduct my child support payments from my taxes as an expense?

Child support payments are not deductible by the parent paying the child support. Similarly, child support payments are not considered income by the parent receiving the child support. The paying parent in child support may conclude that paying a lower child support and a higher spousal support will benefit them when tax time comes around. Tax consequences are often given heavy consideration in all negotiations regarding a divorce settlement. If you or your attorney is not aware of such tax implications, you should consider consulting a financial planner.