Divorce Expert Nan Cohen Areas of Expertise:
- About the Author
Nan has authored a new book "Dealing With Divorce"
- Talk Radio
Dealing with Divorce, Nan's Pittsburgh-based radioshow
- Divorce Coaching
Personalized divorce coaching for men and women going through divorce and separation realities.
- Public Speaking
Nan's appearances in the community and at events
Workshops by Nan with her expert team
- Child Support vs. Alimony. Alimony payments are taxable to the recipient and deductible by the payer. Child support payments are neither taxable nor deductible. Make sure your agreement clearly lists which payments are for which purpose.
- Medical Expenses. A child can be treated as a dependent of both parents for medical purposes. Each parent may deduct the medical expenses he or she pays for the child, regardless of which parent claims the dependent deduction.
- Who claims the children as dependents? The IRS allows the custodial parent to claim the children as dependents on their return. This is the parent who has the kids for the greater amount of nights during the calendar year. In joint custody situations the parent with the higher income gets the deduction that year. IRS form 8332 signed by the custodial parent (and returned with the non custodial parents tax return) can provide an exemption to that rule and allows the non-custodial parent to claim the deduction. This form can be used if the parents want to alternate years claiming children as dependents.
NAN'S UPCOMING SHOWS08-28-2014
Join Nan this fall season on Dealing with Divorce on KDKA 1020AM radio
Brenda Waters of KDKA-TV's Pittsburgh Today Live with Nan