Drafting an Income Tax Allocation Provision for Returns Filed During the Divorce

If divorcing parties will file their income tax returns jointly, how do you allocate each party‚Äôs fair share of taxes? How do you draft an unambiguous provision that spells that out? Such were among the questions raised by the July 18, 2018 decision of the Appellate Division, Second Department, in Cohen v. Cohen. There, in…