There shall be a deduction allowed and taxpayers may take a deduction for alimony paid to a separated or divorced spouse whether by cash payments, insurance policies, endowments or annuity contracts and individuals claiming a deduction must have sufficient records to support said deduction. These records include: (1) a copy of the divorce, decree, separate maintenance decree or other written document that specifies the basis for payments; (2) the current name and address of the separated or divorced spouse to whom payments were made; and (3) canceled checks or receipts to verify that payments were actually made. If alimony payments were not made directly, the taxpayer must be able to furnish documentation, such as insurance policies, endowment or annuity contracts showing the source of payment.
(Ord. 03-82. Passed 12-9-03.)
(Ord. 03-82. Passed 12-9-03.)