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Relationship Discussion (non-explicit)
Reply to "Divorce settlement specifics to include - s/o AP to stepmom"
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[quote=Anonymous]+1 To thinking through the tax implications of your choices. My BF stupidly agreed to file separately for the year in which he divorced his exW who didn't work while he earned about $350,000. They never had kids together, so she was his only dependent that was helping bring down his taxes. This means he has a much bigger tax bill than he needed to. Maybe a life insurance policy pays out directly to the named beneficiary without getting taxed? But 401Ks are taxed when you withdraw the funds. [/quote]
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