Navigating the financial aspects of a divorce can be hard enough without also worrying about the impact of legislation on your personal financial life. 然而，我们在这里! 2025年底，《老葡京手机app》 减税和就业法案(TCJA), the most notable tax legislation to pass since the 1980s, are scheduled to expire. 鉴于TCJA已经存在了这么多年， 离婚或正在离婚的个人 可能已经进入了一种“新常态”. Few of the expiring provisions directly impact marriage and divorce arrangements (although some do). 然而，这项立法确实有影响 taxes 还有很多经济方面的考虑, which could have implications for divorcing individuals and those who have already established a post-divorce financial life.
We also recognize 2024 is an election year and the outcome may influence the future course of legislation, 包括TCJA. 没有什么是一成不变的, our tax and 财务规划 professionals would be remiss if we did not take the time to remind you of some upcoming changes and areas of taxation that will stay the same should nothing change.
Below is a brief overview that touches on some areas that could impact individuals in a post-marital scenario.
赡养费税减免
TCJA成立之前, individuals paying alimony could deduct those payments from their taxable income while recipients had to report alimony as taxable income. The new legislation eliminated the alimony tax deduction for divorce agreements finalized after December 31, 2018. 对于参与赡养费支付的个人, 知道这一点很有帮助, 与立法的其他条款不同, 这种变化是永久性的. In other words, 一旦TCJA于2025年底到期, there will be no reversions back to the pre-TCJA deductibility of alimony payments.
儿童税收抵免
TCJA扩大了 儿童税收抵免 通过将每个孩子的最高抵免额从1美元翻倍,000 to $2,000 (starting with the 2018 tax year) and providing for a $500 nonrefundable credit for children who are otherwise ineligible for the $2,000 credit. The legislation also increased the refundable part of the credit with a maximum limit of $1,400. The TCJA finally expanded the number of families eligible to receive the credit by raising the income threshold level before the credit starts to phase out. 虽然扩大的信用额度计划与TCJA一起到期, 华盛顿议员之间正在进行的对话, 特区政府已经提出了延长近期福利的立法提案. 还没有一个通过, but 离婚或正在离婚的个人 eligible to receive the child tax credit would do well to stay current with the situation.
个人豁免
TCJA暂停了个人豁免. 这些将在2026年TCJA条款到期时恢复.
扣减额
The TCJA made notable changes to both the itemized and the standard deduction, 让一些纳税人重新考虑他们的选择. The standard deduction was increased while many itemized deductions were pulled back including a few notable real 相关的物品. May taxpayers who have taken the increased standard deduction may go back to itemizing or may find themselves with a larger tax bill once the provisions expire.
标准扣除
标准扣除额暂时增加到12美元,单个申报人6万美元起,500), $24,联合申报人(起价13万美元,000) and $18,户主的工资从9万美元起,550). Many filers who have previously itemized and had deductions below the increased standard deduction amounts have experienced an increased benefit by taking the increased standard deduction.
房地产(州和地方)
Taxpaying homeowners have not lost the option to deduct state and local real estate and personal property, 但是SALT(州和地方税收)的扣除额上限为10美元,从2018年到2025年, 哪一个会影响受益于更大的家庭, 2018年之前扣除.
抵押贷款利率
The TCJA removed the deductibility of interest on home equity loans taken out after December 15, 2017, 除非债务是专门用来购买的, maintain, 或者改善持有抵押贷款的房屋. The TCJA also reduced the mortgage interest deduction to the first $750,000 of principal. 原来是100万美元. The $1,000,000 limit still applies to those whose indebtedness predates the TCJA, December 15, 2017.
慈善捐款
The limit on charitable contribution deductions was increased from 50 percent to 60 percent of adjusted gross income.
与健康有关的扣除
Under the TCJA, taxpayers could deduct unreimbursed medical expenses for any amount exceeding 7.5 percent of adjusted gross income, an improvement over the 10 percent that existed prior to 2018.
尽管TCJA也影响了其他项目的扣除(例如.g. 未报销的员工费用扣减、盗窃扣减等.)，上述是许多纳税人值得注意的. Divorced individuals developing a financial plan for themselves and their children or who have already established a post-marital plan should note the impact of these expiring provisions after 2025.
立法变革时期的财务规划
改变是生活的一部分, 俗话说得好, and planning (whenever possible) is usually the best strategy for minimizing the turbulence associated with those changes. Given the many TCJA provisions set to expire, working with a knowledgeable 理财规划师 or tax professional can increase the likelihood you will be equipped to navigate significant legislative changes.
不要觉得你必须独自面对. Contact Jordan Egert from 老葡京手机app’s divorce 财务规划 team via our 网上联络表格.
委员,葡京会手机app下载 & 老葡京手机app(老葡京手机app)是一家提供税务服务的专业公司, accounting and business advisory expertise throughout the Mid-Atlantic region from offices in Bethesda, MD and Washington, DC.
