Are payments made under an annulment decree deductible?
Yes. Annulment decree payments qualify as deductible alimony payments. They also would be considered taxable income to the recipient. They should be reported as alimony (adjustment or income) on IRS Form 1040 page 1.
Need Professional Help?
If you need help with "Alimony" or have other tax questions, we can help you find a local licensed tax preparer for a free, no-obligation consultation.