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(35 KB) 200M + Page of 5 omaly s annully come at must be include a mergross income TOZUNTI a. $3,360 b. $2,600 c. $6.240

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(35 KB) 200M + Page of 5 omaly s annully come at must be include a mergross income TOZUNTI a. $3,360 b. $2,600 c. $6.240 d. $1,400 e. None of the answers provided is correct. 16. Which of the following statements is true regarding payments in divorce? a. Alimony payments made pursuant to a divorce finalized in 2020 are deductible by the payor and income to the recipient b. Child support paid is deductible by the payor and income to the recipient. c. The party receiving property in a property settlement will have income equivalent to the fair market value of the property received. d. The party receiving property in a property settlement will have a fair market value basis in the property received e. None of the answers provided is correct. 17. In 2020. Mr. and Mrs. Duncan redeem Series EE bonds and receive $16,000, consisting of $12.000 of principal and $4,000 of interest. Net qualifying educational expenses total $11,000. They are married filing iointiv and have other AGI of S131 550 How much interest income must be included in their income in

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