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Why You Don't Have to Rush to Get a Divorce Before 2018

  • Tax bill prohibits deduction of alimony starting in 2019
  • Renegotiated settlements may be able to opt out of change
RF Divorce
Photographer: malerapaso via Getty Images
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Republican lawmakers are giving unhappy couples just a little more time to try to work out their differences.

The final version of the GOP tax bill includes a controversial provision that would scrap the break divorcees get for paying alimony -- but it will only apply to divorce or separation agreements executed after Dec. 31, 2018. An earlier iteration of the House legislation called for the “divorce penalty” to take effect next year.