Originally posted on Facbook - Financial Planning Tip November 23, 2015 -001 Alimony Payments~

Here is some information in relation to Alimony Payments.

This was extracted from the "Instructions on Preparing the Income Tax Returns"

"17. Alimony or Maintenance

Complete Schedule B, on Page 3.

(a) The full amount of maintenance or separation allowance paid to a spouse under a Deed of Separation or

by a Court Order including a Magistrate’s Court Order is allowable."

http://www.ird.gov.tt/Media/Default/IRDForms/2014/F-400ITR--2014.pdf