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- Language: English
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If you are divorced or in the process of getting a divorce, you should read this ebook, so you don’t over pay your income taxes. Do you need Innocent Spouse Relief or Injured Spouse Relief? What filing status should you use? Do you qualify for the more favorable income tax brackets of the Head of Household status? Should you keep your child(ren)’s exemptions or release them to your ex-spouse? What are the disadvantages of Married Filing Separately? Do you qualify for the Residential Sale Gain Exclusion? How do you split a retirement plan without income tax or early withdrawal penalty being due? What is the income tax effect of Alimony on the receiver? on the payer? How can you change your name? What about property settlements, are those taxable? This summary lists more questions than answers b/c everyone’s answers will differ, based on their particulars. If you are divorced or going thru a divorce, you should read this ebook so you don’t overpay your income taxes.
