I am reading that alimony will not be considered income starting this year 2019. Is that accurate?

Forum|Forum|7 years ago
June 3, 2019
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Best answer by Irene2805

Not exactly - It only applies to agreements entered into in 2019 and beyond. According to IRS Pub. 504 - Divorced or Separated Individuals:

Amounts paid as alimony or separate maintenance payments under a divorce or separation agreement executed, or changed, after 2018 won't be deductible by the payer. Such amounts also won't be includible [sic] in the income of the recipient.

Alimony paid under agreements before January 1, 2019 are still:

deductible to the payer; and
taxable income to the recipient.

Irene2805Answer

Level 15

Not exactly - It only applies to agreements entered into in 2019 and beyond. According to IRS Pub. 504 - Divorced or Separated Individuals:

Amounts paid as alimony or separate maintenance payments under a divorce or separation agreement executed, or changed, after 2018 won't be deductible by the payer. Such amounts also won't be includible [sic] in the income of the recipient.

Alimony paid under agreements before January 1, 2019 are still: