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The "empty nest" is best described as the:
Alimony Deduction
A tax deduction previously allowed for payments made under a divorce or separation agreement to a spouse or ex-spouse, phased out after the 2018 tax year for new agreements.
Divorce Decree
A legal document formalizing the terms of a divorce, including arrangements for alimony, child support, and division of property.
Mortgage Payments
Mortgage payments are regular payments made by a borrower to a lender, typically consisting of principal and interest, for the repayment of a mortgage loan used to purchase property.
Self-Employed Health Insurance
A deduction available for the premiums paid on a health insurance policy covering a taxpayer who is self-employed, their spouse, and dependents.
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