Talk of The Villages Florida - View Single Post - Alimony taxable now
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Old 10-24-2021, 05:01 PM
retiredguy123 retiredguy123 is online now
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Quote:
Originally Posted by Get real View Post
Thank you. The extra income, from a second job, my friend had to get to pay put him in the next tax bracket. It is just not fair since he can't benefit from any of that money, but still has to pay tax on it.
I agree, especially since he can't divert that money to an investment that could minimize his taxes on it. He must pay his maximum marginal tax rate on it and send the money to his ex-spouse. Not fair.