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What is monthly alimony?

Updated: 9/19/2023
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12y ago

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There is no fixed amount of monthly alimony. The court may decide alimony in each case. The monthly alimony also depends upon the capacity of giver and also on the demand of the wife. Some may not even ask for alimony. So it ultimately depends from case to case. If one needs more details they can look for Siddhartha Shah and Associates on the following details.

Phone: 093222 86663

email: lawyersidd__gmail.com

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Ashwini B

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1y ago
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12y ago

monthly alimony: is money you are ordered to pay (on a monthly basis) by court, to a divorsed or separated spouse.

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Related questions

Does alimony stop when ex retires?

Generally when an alimony order is passed it gives a clarity as to who is going to give alimony or monthly maintenance, and for how long, is it monthly payment, quarterly payment, yearly payment, etc. Such things are pretty clear in an alimony order. If one needs more information they can look for Siddhartha Shah and Associates on the following details Phone: 093222 86663 Email: lawyersidd


Does a wife have to pay taxes on the allowance given monthly by husband?

If the monthly amount is supposed to be ALIMONY payments YES the monthly Alimony payment amounts would be taxable income to you on your own 1040 income tax return. If you are still married and filing a married filing joint income tax return all of joint worldwide income would be reported on the MFJ income tax return and the monthly allowance from your husband would just be and amount from the after income tax funds that were reported on the MFJ income tax return.


How can you deduct alimony payments when paying taxes?

Alimony payments are deductible as an above-the-line deduction on your Federal income taxes. They are reported on Line 31a of Form 1040 for 2010. Note that Line 31a also requires you to report the Social Security Number of the person you paid alimony to, because it will be considered taxable income for them. It's important to point out that child support payments are NOT deductible. So, if you are making monthly court-ordered payments that include both alimony and child support, you can only deduct the portion of those payments that are considered alimony. Usually the court order will specify these amounts.


Can you get support in terms of monthly payments and if yes under what conditions would this be terminated or modified?

Permanent alimony is the simplest type of spousal support, providing fixed monthly payments from one spouse to another for the life of the spouse with a few provisions. Typically, permanent alimony ends when either spouse dies or when the receiving spouse remarries. If the receiving spouse were to come into a large amount of money, alleviating the need for alimony, that could also be cause to have the alimony order lifted or at least reduced. In addition, permanent alimony can usually be modified under certain circumstances such as a change in income for either spouse or an illness or unforeseen emergency. The adjustment can be permanent or temporary and can go up or down, depending upon the circumstances fueling the modification, depending on specific state law and depending on the terms of the divorce decree.


If paying alimony and ex spouse becomes eligible to draw Social Security on ex spouse who is paying alimony can alimony payments stop?

It depends on the wording of the alimony decree. Generally, the alimony and the Social Security are independent of one another.


Do you have to pay alimony if you're not married in Georgia?

No. Alimony is ordered as part of the dissolution of a marriage. Unmarried partners are not entitled to alimony. See related question link.No. Alimony is ordered as part of the dissolution of a marriage. Unmarried partners are not entitled to alimony. See related question link.No. Alimony is ordered as part of the dissolution of a marriage. Unmarried partners are not entitled to alimony. See related question link.No. Alimony is ordered as part of the dissolution of a marriage. Unmarried partners are not entitled to alimony. See related question link.


How does Iowa determine alimony?

the man has to pay the wife alimony :)


Does the decease estate continue to alimony?

In the US, alimony terminates upon death. If there is back alimony due that's a different matter.


What are alimony lawyers good for?

Alimony is when two people are divorced and one has to pay the other to help maintain their style of living. Alimony Lawyers are good for helping one of the divorcees get the alimony they deserve or even more.


Where can one go to find information about different alimony attorneys?

One can find information about different alimony attorneys from websites like legalmatch. One can also read up on the different types of alimony payments, like rehabilitative alimony, lump sum support, or permanent alimony.


What could be claimed as a tax deduction?

Alimony can be a one-time receipt or a periodic receipt or a combination of both. It is not specifically covered in 'income' as defined under the Income Tax Act, 1961 ('the Act') and there is no specific provision which governs its taxability. However, if alimony is paid on a monthly basis, it is treated as a revenue receipt and in certain countries it is deducted as tax.


Can the IRS garnish alimony and child support payments paid monthly?

The IRS does not garnish these payments (except from their employees). The IRS will, at the State's request, intercept tax refunds to collect unpaid child support.