Alimony Calculator For Sc
Description
How to fill out Affidavit Of Defendant Spouse In Support Of Motion To Amend Or Strike Alimony Provisions Of Divorce Decree Because Of Obligor Spouse's Changed Financial Condition?
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FAQ
Is Alimony Taxed? Those who receive alimony must pay tax on it, and include it in their income when filing their taxes. Alimony is tax deductible for providers. However, this is due to change for divorces finalized after December 31, 2018.
In South Carolina, some alimony payments can last for a lifetime because the most common form of alimony awarded by the court is permanent alimony called ?periodic alimony.? Although this type of alimony is permanent, there are four situations why such alimony may stop or may be reduced in South Carolina: (1) death of ...
Reimbursement Alimony in South Carolina Reimbursement alimony is typically awarded when the court finds it necessary to reimburse the supported spouse from the future earnings of the payor spouse based upon circumstances or events that occurred throughout the marriage.
The answer is that South Carolina does not have a formula or specific mathematical guidelines to determine the amount of alimony that must be paid.
Reimbursement Alimony in South Carolina Reimbursement alimony is typically awarded when the court finds it necessary to reimburse the supported spouse from the future earnings of the payor spouse based upon circumstances or events that occurred throughout the marriage.