The Tax Cuts and Jobs Act, or TCJA, may mean lower federal tax rates and a higher limit for the Alternative Minimum Tax for some individuals in Texas, but it could also make divorce more expensive for soon-to-be-exes. This is especially true if children are involved since the TCJA eliminates the value associated with personal and dependent exemptions. Alimony payments will also be considered a simple property transfer without tax consequences for either party.
The TCJA also increases standard deductions among all tax statuses, including single filers and Head of Household. It's HOH, in particular, that may now be a significant settlement issue in any divorce that takes place after the TCJA takes full effect in 2019. The HOH parent will be able to claim an expanded $2,000 Child Tax Credit for each qualifying dependent child. This includes $1,400 that's refundable for HOH filers who owe income tax.