Comments on: 10 Things You Need to Know About Divorce and Taxes

By: kmkerr

kmkerr — Mon, 15 Apr 2013 14:27:24 +0000

Hello,

My ex husband and I have agreed that he can claim the two children as dependents on his income tax return. Today is the deadline and I have not received the release form 8332 to sign yet. Also he just informed me that he is filing a tax extension. We have always split the tax return that he gets for the children. I feel like he is not telling me the whole truth, or maybe tring to avoid splitting the tax return. If he does file an extension is he responsible for providing me copies of all tax paperwork? Thanks

By: Khaviland

Khaviland — Mon, 15 Apr 2013 14:25:26 +0000

Hello,

By: Joann

Joann — Sun, 14 Apr 2013 16:43:19 +0000

My sister got divorced and she has a child.
she gets child support and alimony . I am head of household and both of them live with me . can i claim them as dependent as I play role in supporting them .
please advice

By: Ashley

Ashley — Thu, 04 Apr 2013 06:20:17 +0000

My ex husband and I have been divorced for three years. I have sole custody of our daughter. He continues to file her under his taxes and has done so for all three years. Is there anything I can do because I’m getting sick of not being able to efile and have the hassle of sending additional paperwork every year to the IRS.

By: J

Mon, 18 Mar 2013 03:48:55 +0000

Wife and Husband separated for more than 6 months in 2012, divorce not finalized as of 2013. Can wife file her taxes as Married filing single and claim all of the children since she has been the main caretaker of children? (Husband has not filed taxes yet) Are there any ramifications to wife if she files and claims all of the children even though they are not officially divorced?

By: Sam

Sam — Wed, 06 Mar 2013 00:16:20 +0000

Hi TurboTaxLisa!

Very simple question. My wife and I got divorced in June 2012.

Let’s say we had assets in three clumps
“W” – the house. Given to her in divorce
“X” – Investments – Given to her in divorce.
“Y” – Investments – Given to me in divorce.
“Z” – Investments – Split between the two of us.

I think she gets full tax benefits (write offs) for the house for the whole year – correct?. For the investments, I assume we are both tax-liable for profits/loss on “our” investments (“W” and “X”) during the whole year. Correct?

For Z, how do we handle profit/loss during the year, especially considering we only get ONE 1099 for all of the “Z” investments!
Do we just take the 1099 for “Z” and “break it up” between us based on how the assets were split?

Thanks – Not looking for trouble with Mr. IRS!

Oh yeah, I’m a longtime TurboTax user. Does it contain any in-program tools/sections to specifically handle divorce?

Sam

By: Karen

Karen — Mon, 04 Mar 2013 22:23:00 +0000

you can file married filing seperately. It’s the worst tax rate. The best tax rate is married filing jointly, so if the wife is willing, it would probably be more beneficial to you

By: Karen

Karen — Mon, 04 Mar 2013 22:17:53 +0000

When you import your return from last year the program will ask if you made any changes. You would then put in the corrected info.

By: Karen

Karen — Mon, 04 Mar 2013 22:00:37 +0000

Federal tax refunds are not taxable. If you itemized your deductions in 2011 and took a deduction for the state taxes that were withheld from your paychecks then the state refund is taxable. To be fair I would split the amount of that refund. If you did not itemize, then the state refund is not taxable either.

By: Karen

Karen — Mon, 04 Mar 2013 21:44:00 +0000

Turbo tax doesn’t know you split the intrest with the ex. Enter half of the amount, and be sure the ex did the same, otherwise the IRS will come calling…

By: Karen

Karen — Mon, 04 Mar 2013 21:29:02 +0000

It doesn’t matter how you file or what exemptions you take, you could be married again with children and the IRS would still take your refund until the back child support is paid

By: Karen

Karen — Mon, 04 Mar 2013 21:24:25 +0000

Correct, your filing status is determined by what your status is on the last day of the year

By: David

David — Mon, 04 Mar 2013 16:46:28 +0000

Was divorced and we had a significant split of liquid assets are those taxable as my income?
Also I did not work/have income for this tax year…do I need to file at all?

By: Tony

Tony — Thu, 28 Feb 2013 10:37:07 +0000

My divorce wasn’t final until December 28th 2012. Do we get NO marriage credit for 2012 because we divorced 3 days before the end of the year?

By: K Mac

K Mac — Mon, 25 Feb 2013 16:41:32 +0000

Ok I got divorced this year. My ex and I did have a house (now sold) and we both paid the interest and such on the house. I never got the 1098, but I know enough to call and they are sending me one.
I am filing single and there is nothing in the divorce decree about the house (papers signed on sale of house before divorce was final). When it comes to using turbo tax will the software divide the amount I put in for me or should I just add half of the amount listed on the 1098?

By: rachael

rachael — Mon, 18 Feb 2013 17:01:17 +0000

My ex gets my tax money every year for our children and back support. Can they take my tax money for a child that is not from my ex? ie… My sister and her son lived with me more than half the year so I am claiming them since she did not work. Can they take my check and give it to my ex even though they have no ties to her or my children if I do claim them?

By: Andrew Lee

Andrew Lee — Tue, 12 Feb 2013 22:50:17 +0000

Explain this in a letter to and send an official copy of the divorce settlement to the IRS. That should clear things up between you and them. They’ll then go after your ex if she didn’t pay they taxes.

By: JG Anders

JG Anders — Tue, 12 Feb 2013 20:10:12 +0000

I got a divorce in September 2012. I changed my filing status at the same time. Me having paid in as married with 4 kids now filing single with 2 How will my taxes be affected.

By: Andrew Lee

Andrew Lee — Tue, 12 Feb 2013 07:58:35 +0000

I paid my ex wife alimony for almost 4 months after she remarried in 2011. We had to go court to stop the alimony. The judge ordered the alimony stop as of the date of her remarriage. She paid me back the over payments in the 2012 tax year? Do I have to claim it as alimony received and does she claim it as alimony paid in the 2012 tax?

By: Ken

Ken — Mon, 11 Feb 2013 23:42:55 +0000

My wife and I divorced. In the settlement she received all of the mutual funds. She cashed some of them and claimed them on her taxes(2011). I just got a letter from the IRS stating that I did not claim them on my taxes(2011) and I owe 3400+ in . My name must have still been on the mutual funds. It says on the form that it was reported to the IRS by others and gives the amount of each withdrawal and interest accrued. If she already claimed them on her taxes why would I receive a note stating that I owe for them as well? Thank you.