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Ann Moore receives a $1,480 monthly payment from her former husband Bill. (Leave no cells blank - be sure to enter 0 wherever required.) Required:

Ann Moore receives a $1,480 monthly payment from her former husband Bill. (Leave no cells blank - be sure to enter "0" wherever required.)

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  1. How much of the $17,760 annual receipt is included in Anns AGI assuming the monthly payment is alimony that Bill is required to pay under the Moores 2017 divorce decree?
  2. How much of the $17,760 annual receipt is included in Anns AGI assuming the monthly payment consists of $920 alimony and $560 child support that Bill is required to pay under the Moores 2017 divorce decree?
  3. How much of the $17,760 annual receipt is included in Anns AGI assuming the monthly payment is a gift from Bill, who is not legally obligated to pay anything to Ann under their divorce decree?
  4. How much of the $17,760 annual receipt is included in Anns AGI under assumptions a, b, and c if the Moores' divorce decree was executed in March 2020?

Side note: Using 2020 tax code

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