2007-04-06 01:49:20 · 6 answers · asked by jimmy j 1 in Business & Finance ➔ Taxes ➔ United States
they are right, child support is not taxable nor deductable....
TAX INFO
http://www.irs.gov/publications/p501/index.html
http://www.irs.gov/publications/p504/ar02.html#d0e563
http://www.taxsites.com/index.htm
http://www.divorceinfo.com/taxes.htm
http://www.irs.gov/taxtopics/tc354.html
http://www.irs.gov/taxtopics/tc422.html
http://www.irs.gov/faqs/faq4-5.html
http://www.irs.gov/localcontacts/index.html
http://www.irs.gov/advocate/index.html
http://www.irs.gov/publications/p525/index.html
http://www.fms.treas.gov/faq/offsets_childsupport.html
http://money.cnn.com/2007/02/14/pf/taxes/do_not_miss_tax_breaks/index.htm?postversion=2007021411
2007-04-06 14:43:29 · answer #1 · answered by Yvette B yvetteb 3 · 0⤊ 0⤋
Child support is never tax deductible, and is not claimed as income by the recipient.
2007-04-06 03:59:00 · answer #2 · answered by Judy 7 · 1⤊ 0⤋
If you are disabled and on a fixed income you could probably go to court and get your support payments lowered---here is the other trick, if you are disabled and on SS your children should also be getting benefits other than you paying child support.
Many years of doing taxes and spotting a funny question.
2007-04-06 02:02:28 · answer #3 · answered by lilabner 6 · 0⤊ 1⤋
CHild support is not tax deductable only alimony.
2007-04-06 01:56:12 · answer #4 · answered by hpasi923 2 · 2⤊ 0⤋
it is your obligation to raise and/or support your children, it's not a tax deduction
2007-04-06 02:23:17 · answer #5 · answered by Jo Blo 6 · 0⤊ 0⤋
no they will not help you out they are there to take your money not give it
2007-04-06 17:27:29 · answer #6 · answered by Anonymous · 0⤊ 0⤋