On December 22, 2017, the President signed the most sweeping changes to the United States tax code in the last 30 years. Congress passed the historic tax reform legislation, which will undoubtedly change the way most Americans calculate their taxes.
One of the most critical and yet overlooked changes in the Tax Cuts and Jobs Act is the elimination of the tax deduction for alimony payments (called spousal support in California).
The elimination of the deduction, which has been in the tax code for 75 years, will have major implications for divorcing couples.
As a result of the change, the total amount couples who are splitting up have to live on after they get divorced will be much lower. It could also make your divorce a more drawn-out and complicated process.