Are child support payments taxable income?
No, if taxpayer receives child support payments, that is not considered taxable income for the taxpayer. In addition, the taxpayer that is paying the child support cannot deduct those payments on their tax return.
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Are child support payments tax deductible?
No, child support payments are not tax deductible for the individual that is paying the child support. In addition, if you receive child support payments, that income is nontaxable.
Are child support payments tax deductible?
No, child support payments are not tax deductible for the individual that is paying the child support. In addition, if you receive child support payments, that income is nontaxable.
