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Reporting Alimony
Alimony is taxable to the person who receives itand deductible to the person who pays it. If you receive alimony, you must give your Social Security Number to the payer. Not doing so could result in a penalty.
See IRS Publication 504
Alimony received is reported on 1040 Sch 1, Part I,line 2a.
Alimony paid is reported on 1040 Sch 1, Part II, line 19a.
NOTE: Please review Pub 504 to determine if either is required to be reported.
Additional Information
Para obtener la versin en espaol de este artculo de Knowledge Base, haga clic aqu:Reportando la pensin alimenticia
Tags: federal,form