Divorced spouses in Connecticut may find that alimony payments help them make ends meet during that transition between living in a family home with shared expenses and becoming independent. In fact, alimony is designed to level the financial playing field between the partners and give one partner the income to avoid a downturn in living standards. However, alimony is also taxable and must be treated as income on a federal return.
Filing a tax return after divorce can be confusing, but spouses can take some basic steps to make financial decisions easier. For example, one decision that should be made during the divorce process is which spouse will claim the children as a deduction on the income tax. It may also be beneficial to have a professional tax preparer complete the tax return, especially for the first year or two. Another helpful tip is to save 20 percent of each alimony check in a separate account to be used to pay income tax. This money can be used to make quarterly tax payments, which are due in April, July, October and January.






