How Is Alimony Calculated?
Common formulas use 30-40% of the income difference between spouses. Duration is typically tied to marriage length: short marriages (under 10 years) may get 30-50% of the marriage duration, while long marriages (20+ years) may result in longer or permanent alimony.
Tax Implications
For divorces finalized after December 31, 2018, alimony is no longer tax-deductible for the payer and not taxable income for the recipient under federal law (Tax Cuts and Jobs Act).