Hillary gets divorced in 2016 and is required to pay her ex-spouse $200 per month until her

Question:

Hillary gets divorced in 2016 and is required to pay her ex-spouse $200 per month until her son reaches 18 years of age in 7 years and $120 per month thereafter. How much of her 2018 payments are deductible as alimony? 

a. $0 

b. $2,400 

c. $1,440 

d. $960

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Income Tax Fundamentals 2019

ISBN: 9781337703062

37th Edition

Authors: Gerald E. Whittenburg, Steven Gill

Question Posted: