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Divorce Taxation

Exam Questions: 50
Course Level: Basic
Pages: 240 | Content: 228, Supplemental: 12
NASBA Area of Study: Taxes
Not Acceptable for: N/A
Version: 7810A

Going through a divorce can be a traumatic and highly emotional experience that also carries some serious tax consequences. This course covers many of these issues, including those associated with alimony and child support, the splitting and transferring of property, changes in filing status, and the impact of community property laws. All course material provided. No prerequisites. Course level: Basic.

EA Program Approval Number: ZX34G-T-00434-21-S

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Course Information

Table of Contents
  • Introduction to Divorce Taxation
  • Filing Status
  • Alimony
  • Community Property
  • Tax Issues in Property Settlements
  • Child and Dependent Care Expenses
  • Dependents of Divorced Parents
  • Innocent Spouse Relief
  • Divorce and Retirement Benefits
  • Costs of Getting a Divorce
Objectives
  • To recall the overall tax issues associated with divorce
  • To recognize the importance of marital status when choosing an appropriate filing status
  • To identify the tax consequences of alimony for the payor and payee
  • To recognize how community property laws affect how assets will be divided in community property states when a couple divorces
  • To recall the tax issues associated with property settlements due to divorce
  • To identify the implications of divorce on the ability to claim child and dependent care tax credits
  • To identify how dependents can be claimed by divorced parents
  • To identify the various forms of relief that may be available to a spouse or former spouse
  • To recall the distribution and tax rules that govern the division of retirement plans associated with divorce
  • To identify what fees related to divorce are deductible

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