When I enter what I pay to her and what she receives from me, they cancel each other out. Isn't there a way to segregate the tax benefit from paying alimony by the payer from the tax liability of receiving alimony from the recipient?
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As you indicated, if you and your wife are filing jointly, you are considered one unit and both the alimony and child support you paid and your wife received cancel each other out. There is no point in entering the amounts.
For example, let's say you had $100 in the bank ($50 in each of 2 accounts). You took $25 out of one account and put it in the other (giving you $75 in account #1 and $25 in account #2). YOU still have $100 in the bank.
The payments will become important when/if you and your wife file separately:
As you indicated, if you and your wife are filing jointly, you are considered one unit and both the alimony and child support you paid and your wife received cancel each other out. There is no point in entering the amounts.
For example, let's say you had $100 in the bank ($50 in each of 2 accounts). You took $25 out of one account and put it in the other (giving you $75 in account #1 and $25 in account #2). YOU still have $100 in the bank.
The payments will become important when/if you and your wife file separately:
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