This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.

In this episode you will learn:

• Alimony is non-deductible and non-taxable for divorce agreements finalized after December 31, 2018.

• For pre-2019 agreements, alimony remains deductible for the payer and taxable income for the recipient.

• Modifying a pre-2019 agreement does not change its tax treatment unless the modification explicitly adopts the new TCJA rules.

• Child support is never deductible or taxable, regardless of the divorce date, and the exam often tries to confuse it with alimony.

• A key test of whether a payment is true alimony, under old rules, is if the payment obligation terminates upon the recipient's death.

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