IRS Publication 504

IRS Publication 504 provides guidance on tax issues related to divorced or separated individuals. It outlines how to handle tax filing status, dependency exemptions for children, and the implications of alimony or child support on taxes. It also covers how divorce impacts eligibility for certain tax credits and deductions. This publication helps taxpayers understand their rights and obligations regarding their taxes after a divorce, ensuring they comply with IRS rules while maximizing potential tax benefits. It's an essential resource for anyone navigating the tax implications of a divorce or separation.