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Tag Archives: child support payments

Is Child Support Taxable Income?

child-support-taxable

Whether you pay or receive child support, you might be wondering about how to handle it on your taxes. If you receive child support payments, do they count as taxable income? If you make child support payments, can you write them off? The answer to both questions is “no” — child support payments are not taxable. The parent making child support ... Read More »

    Divorced, Family Support Payments, Girlfriend, New Baby, and I’m at the End of My Rope. – Paul

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    Divorced, family support payments of 2538 a month, girlfriend with new baby, not discharged from bankruptcy. With this big family support payment it has left me in the red every month and I dont know what to do anymore, between rent, truck payment, baby and everything else you need to survive from day to day I dont know where to ... Read More »

      I’m Behind in My Child Support. – Allen

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      “Dear Steve, I’m behind in my child support and my paychecks have been being garnished for about 6 weeks. Two questions; If they are taking out more than the allowable guidelines, where do I go to get it corrected? Second, Can more the one job be garnished? Allen”   Dear Allen, First, let me say that child support has to ... Read More »

        I Am So Stressed Over My Debt I Can Hardly Breathe. – Doug

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        Doug “Dear Steve, i lost my job in January 09 where i was making about 67K/year. at that time, i was pretty much just surviving financially, i had gotten divorce a year earlier and was having trouble adjusting to new expenses (W4 withholdings killed me). i was out of work for 4 months collecting unemployemnt and went through my savings. ... Read More »

          Ryan Writes In Looking For His Lifestyle Back

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          Ryan wrote me through the GetOutofDebt.org site asking about how to resolve his debt situation. If you have a question you’d like to ask, just send it to me using the form at the bottom of this article. “I have about 20-25k in outstanding credit card debt, along with 10k in car payments still as well as a recent condo ... Read More »

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