Tax Statutes

26 US Code §71: Alimony and Separate Maintenance Payments

(a) General rule Gross income includes amounts received as alimony or separate maintenance payments. (b) Alimony or separate maintenance payments defined For purposes of this section— (1) In general The term “alimony or separate maintenance payment” means any payment in cash if— (A) such payment is received by (or on behalf of) a spouse under […]

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26 U.S. Code §73- Services of Child

(a) Treatment of amounts received Amounts received in respect of the services of a child shall be included in his gross income and not in the gross income of the parent, even though such amounts are not received by the child. (b) Treatment of expenditures All expenditures by the parent or the child attributable to […]

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