Maintenance Tax Credits

Changes in Alimony Tax Credits for Payors

If you are considering divorce in a marriage of over 3 years, now is a critical time to plan for maintenance obligations. 

Divorces finalized after December 31, 2018 will fall under new tax laws, removing the tax deduction for alimony payments paid.  For the last 75 years, payors of alimony (called maintenance in Colorado) were taxed on their after-alimony income and receivers of alimony were taxed on alimony as regular taxable income in addition to any other sources of earned income.