Anyone here's wife make more money than you?

[marsupial]

Originally Posted by RC Vikings

I have no idea what she even makes but I know I make more. We have a deal where the money I make is our money and the money she makes is her money. I think next time I marry for money.

That makes me laugh. You guys are like my folks. My dad always says according to my mom, "It's our money and her money."

I make more than Danimal if you go by our hourly wage, but since I only work like 5-7 hours a week, he makes more.

[Archaea]

Women are communist leaders, what's mine is hers, what's hers is hers and nobody else gets a vote.

[YOhio]

Originally Posted by Solon

My wife makes more than double what I make. Granted, I only pulled down 12K last year, but she's in graduate school too.

And she's taller than me.

And she's two years older than me.

I'm the anti-male (but not a female).

And she went to a better school.

[Solon]

Originally Posted by YOhio

And she went to a better school.

You betcha. The Harvard of the West.

[SeattleUte]

Originally Posted by Archaea

Your original post stated alimony is not deductible.

I stated it is deductible for the payer and charged as income to the recipient, unlike child support which is neither deductible nor chargeable.

We have no state income tax, we don't believe in taxation here, except upon visitors.

Here is your original quote in pertinent part:

"Alimony is not taxable income, it's not even a deduction."

I beg to differ. That is a correct statement for child support not alimony.

I meant it's not taxable income to the payor. It doesn't even appear on my return. It's above the line. That makes a difference because above certain income levels deductions and exemptions start disappearing and getting compressed. My only point was that alimony I pay to my ex is not my income in any shape or form.

[SeattleUte]

Originally Posted by SoCalCoug

Alimony is taxable to the receiving spouse and deductible by the payor spouse (as long as it's pursuant to written agreement or order).

Child support is not taxable, nor is it deductible.

I am 100% certain these are the IRS rules. (There are certain exigencies which would make alimony non-deductible, but they are certainly the exception rather than the rule).

I meant it's not my taxable income but my ex's taxable income.

[SoCalCoug]

Originally Posted by SeattleUte

I meant it's not my taxable income but my ex's taxable income.

You are correct.

[il Padrino Ute]

My wife is a stay at home mom and works her butt off. I've seen what she does and I'd never want to work that hard.

[ute4ever]

I've been unemployed all school year, so it's safe to say Hot Marine Girlfriend makes about 10,000x more money than I.

[Jeff Lebowski]

Sometimes she spends more money that I make. Does that count?