Requirements under which a payment by one spouse to another shall be considered as alimony for federal tax purposes
Ans:The essential requirements under which a payment by one spouse to another shall be considered as
alimony for federal tax purposes are as follows:
(a) The companions don't file a document for joint return.
(b) The payment is made in cash or checks or money orders.
(c) The decree for dissolution of marriage doesn't state the payment as not alimony
(d) The payment is made to a spouse or ex-spouse as per the decree for dissolution of marriage or
(e) The payee spouse is not sharing the same household with the recipient spouse at the time of payment
(applicable only if the spouses are legally separated under the decree of divorce or separation)
(f) There is liability of payment (in cash or property) after the recipient spouse expires.
(g) The payment shall not be treated as child support or property settlement.