Alimony, Child Support, Court Awards, Damages
Question: Are child support payments considered taxable income?
Answer:
No, child support payments are neither deductible by the payer nor taxable to the payee.
When you calculate your gross income to see if you are required to file a tax return, do not include child support payments received.
Additional Information:
Category: Interest, Dividends, Other Types of Income
Subcategory: Alimony, Child Support, Court Awards, Damages
