Deduction of Spousal Support (Alimony) at Source!
If you pay spousal support (alimony) to your ex-wife, you are entitled to reduce your income tax deductions at source! Many men find themselves paying support out of their net pay cheques, which is often difficult, if not impossible, to afford. Correcting the amount your employer withholds at source can provide instant relief for your budget, instead of waiting to file your income tax return in April.
Here are the two forms to be filled out, both of which must be provided to your employer, along with a copy of the judgment by which you agreed, or were ordered, to pay spousal support. (This does not apply to child support, which is not deductible).
In the Minister of Revenue of Quebec form, line 15 (on page 2) is where you declare the annual value of the spousal support. In the Canada Revenue Agency form, it is entered on the third line of the one page document.
