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Tag Archives: alimony

Are alimony payments taxable?

Recently we discussed the two ways in which spousal support is calculated in Canada: using the “with child support” formula or the “without child support” formula. Another matter to consider with regard to child support and alimony is taxes. Prior to May 1997, child support and spousal support were tax deductible by the payer and taxable to the recipient, but since then the rules have…

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