Although the company the representative is purporting to be from is ACE Cash Express, Inc., it should be noted that ACE Cash Express, Inc., website: www.acecashexpress.com is licensed with the Department of Financial Institutions.
A: No, child support payments are not considered taxable income, according to the IRS. Child support payments are neither deductible by the payer nor taxable to the payee. So when you calculate your gross income to see if you are required to file a tax return, do not include child support payments received.
1 Bereavement payment. 2  Child Benefit. 3  While Child Benefit is not taxable, if your household receives it and someone in your household has taxable income of over Â£50,000, they may have to pay extra tax from 7 January 2013. 4  For more information, see Child Benefit and tax if you have a high income.ou only pay tax on your taxable income so you do not want to include any non-taxable income in your calculations. You do not have to tell HM Revenue and Customs (HMRC) about income which is non-taxable so you leave it off tax returns and any other forms HMRC sends you asking about your taxable income.