Houston Divorce Taxes

Information provided by a Houston Divorce Attorney

Are you currently involved in a divorce proceeding? Are you trying to understand the details of your divorce taxes? At John K. Grubb & Associates, PC, our Houston divorce lawyers can work with you to determine what tax issues will need to be addressed.

There are several items to consider when working on your Houston divorce taxes. Since there are separate filing rules for married and single individuals, you should research these two code sections with a Houston divorce attorney. First, it is important to decide if you will be filing joint or separate tax returns. The “head of a household” must also meet house maintenance and marital filing status tests. If there are children, the parent with residential status will generally claim their dependency exemptions. Transfers of property and stock during a divorce can also affect your taxes.

While John K. Grubb & Associates do not practice tax law, they will be happy to coordinate your divorce with your CPA or a specialist in tax law to make certain your divorce has minimal tax effect. To learn more about the affect that divorce will have on your taxes, contact our Houston divorce attorneys today.