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Alternatively, you can use a qualified domestic relations order to withdraw the funds without paying the 10% early distribution tax, but you will pay income tax on the withdrawal. 6) Capital Gains ...
Deductions are transfers between spouses that last a lifetime and are appointed by will which are eligible for a deduction on the federal tax form. [7] Credits are the sum deducted from one's payment owed to the federal, state, or local entity. [8] Credits allow taxpayers to pay less in taxes, while deductions can reduce taxable income. [9]
The Real Housewives of Atlanta’s Porsha Williams has won a legal battle in her ongoing divorce proceedings with ex Simon Guobadia. A Fulton County, Georgia, court ruled on Thursday, September 12 ...
The aftermath of Porsha Williams and Simon Guobadia’s split hasn’t been breezy.. News broke on February 23 that the Real Housewives of Atlanta star filed for divorce from Guobadia after 15 ...
A divorce settlement entails which spouse gets what property and what responsibilities once the marriage is over. "It deals with child custody and visitation, child support, alimony, health and life insurance, real estate, cars, household items, bank accounts, debts, investments, retirement plans and pensions, college tuition for children, and other items of value, such as frequent flyer miles ...
The U.S. tax code allows taxpayers to claim deductions that reduce taxable income, such as certain charitable contributions, mortgage interest, and state and local income, property, and sales taxes (such deductions which are subject to limitations including, but not limited to, the $10,000 state and local tax deduction limit and the 50% AGI ...
Williams filed for divorce from Simon Guobadia in February after 15 months of marriage Porsha Williams Reacts to Legal Victories in Divorce Case: 'God Is Showing Out' (Exclusive) Skip to main content
Porsha Dyanne Williams (born June 22, 1981) is an American television personality, singer, actress and activist. She starred on the reality series The Real Housewives of Atlanta from 2012 until 2021, rejoining the cast in 2024. She also starred in the spin-off series, Porsha's Family Matters.