- 2 - Respondent determined a deficiency of $5,214 in petitioner’s Federal income tax for 2000. The sole issue for decision is whether payments of $23,3781 petitioner made to his former spouse during the year in issue were properly deductible as alimony. Background Some of the facts have been stipulated, and they are so found. The stipulation of facts and the attached exhibits are incorporated by this reference. At the time of filing the petition, petitioner resided in Lakeland, Florida. Petitioner and his former wife divorced on July 15, 1991, after 37 years of marriage. Their divorce proceedings were adjudicated by the Circuit Court of Polk County, Florida (Florida circuit court). In a Final Judgment of Dissolution of Marriage (divorce decree), dated July 15, 1991, the Florida circuit court ordered an equitable distribution of marital assets and awarded alimony to petitioner’s former wife. As relevant to this discussion, the equitable distribution of marital assets included a provision addressing the division of petitioner’s retirement plan 1 All amounts have been rounded to the nearest dollar.Page: Previous 1 2 3 4 5 6 7 8 9 Next
Last modified: May 25, 2011