No, child support payments in Brooklyn are not tax deductible for the payor, and are not taxable income for the recipient parent, or the child on whose behalf they are made.
In a marriage where two parents are raising a child, there are countless expenses related to child support that can’t be written off.
The state and federal government have made the decision that when a couple splits up, the non-custodial parent’s financial contributions to their child’s upbringing will have the same non-deductible tax status.
That doesn’t mean that you can’t get a better deal on child support than you have.
Many parents in Brooklyn are paying more child support than they should because of decisions made about a child’s health insurance or other incidentals that may reduce your obligation.
If you believe you’re paying too much in child support, call the experienced Brooklyn child support attorneys at Zelenitz, Shapiro & D’Agostino today at 718-725-9601 for a free consultation.