How to file taxes in the year of a Divorce - Ask a CPA

Today's question comes from May in Portland, Oregon. May asks, “I’m going through a divorce, and I’m unsure how to file my taxes. What do I need to do to make sure I file everything correctly?”

Going through a divorce can be challenging, and understanding the tax implications can add to the complexity. But don't worry. We've got you covered! In this video, we'll provide you with a step-by-step guide on how to file taxes in the year of divorce. Let's get started!

In today’s video, we’re going to be addressing the following topics:

How to update your filing status.
How to update your tax withholdings.
Dealing with alimony and child support.
Who gets to claim children as dependents.
How to deal with the sale of assets.
When you should find a CPA.

Thanks for watching!

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