Taxes and divorce

Taxes and divorce

 April is tax season and questions about taxes and divorce are numerous in our Michigan divorce and family law practice.  Here are some key tax  considerations in preparing your 2014 tax return.

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 Divorce or separation brings many changes. Some of the changes have tax and divorce issues.

• Change of name: If you restored your name in your divorce be sure to notify the Social Security Administration using Form SS-5 Application for a new Social Security Card.

• Change of address: If you changed your mailing address be sure to notify the Internal Revenue Service.  You can use Form 8822, Change of Address.

• Change of withholding: If you have been claiming a withholding exemption for your spouse, and you divorce or legally separate, you must give your employer a new Form W-4, Employee’s Withholding Allowance within 10 days after the divorce or separation.

• Marital Status: If you divorce or separate maintenance before December 31 you are considered unmarried for the whole year for tax purposes.

• Separate returns: Separate return often result in a higher tax that it would be on a joint return.

• Head of Household: You may claim head of household if you are unmarried on the last day of the year and you paid more than ½ the cost of keeping up a home for the year and a “qualifying person” lived with you in the home for more than ½ of the year. 

For more information on taxes and divorce or separation, I recommend the following link on taxes and divorce provided by the Internal Revenue Service:

http://www.irs.gov/pub/irs-pdf/p504.pdf

We provide more information on Michigan divorce law than anyone.

Change is rarely easy, sometimes complicated and often emotional.   Let a Michigan divorce attorney experienced in family law help you.  We utilize a team approach to focus on solutions by applying Michigan law properly.  We specialize in helping you focus on your goals, protect your property interests, manage your custody and support interest, and keep you happy in life’s most difficult circumstances.

About Findling Law

I have been exclusively practicing divorce and family law in Michigan for over two decades.  The attorneys at Findling Law all share the core value of practicing law to help people navigate change in their lives, without compromising principles.  We specialize in high socio-economic, high-profile and high-conflict cases, while also working with clients of all backgrounds. We recognize that the most important aspect of the practice of law is the application of the law to your specific circumstances.

About Findling Law

I have been exclusively practicing divorce and family law in Michigan for over two decades.  The attorneys at Findling Law all share the core value of practicing law to help people navigate change in their lives, without compromising principles.  We specialize in high socio-economic, high-profile and high-conflict cases, while also working with clients of all backgrounds. We recognize that the most important aspect of the practice of law is the application of the law to your specific circumstances.

That is why we provide more free information on divorce and family law than any other Michigan law firm. We want to help you manage your situation. Allow our exceptional legal team to help you navigate the change in your life, without compromising principles.

We want to help you manage your situation. Let our exceptional legal team help you . . .

REQUEST A FREE CONSULTATION GET ANSWERS NOW!

Local: +1 (248) 399-3300 – toll free:   (877-YOUR FIRM)

After hours emergency?:  +1 (707) 968-7347

Or email me at:   Daniel@Findlinglaw.com

By:  Daniel Findling