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A divorce in Colorado establishes the financial obligations of the divorcing parties, and finally and completely ends the legal relationship for all purposes.

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If alimony is ordered, you will generally have to pay a specified amount each month until: As with most issues in your divorce, you and your spouse can agree to the amount and length of time alimony will be paid.

But if you can't agree, a court will set the terms for you.

Individuals who were in same-sex marriages may, but are not required to, file original or amended returns choosing to be treated as married for federal tax purposes for one or more prior tax years still open under the statute of limitations.

Generally, the statute of limitations for filing a refund claim is three years from the date the return was filed or two years from the date the tax was paid, whichever is later.

The ruling applies to all federal tax provisions where marriage is a factor, including filing status, claiming personal and dependency exemptions, taking the standard deduction, employee benefits, contributing to an IRA and claiming the earned income tax credit or child tax credit.

Last modified 27-Mar-2017 06:46