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Posted on Sep 30, 2024

George and Aaron divorced in 2 0 2 4 . Pursuant to the divorce agreement, George is required to pay Aaron $ 2 0 ,

George and Aaron divorced in

2024 .

Pursuant to the divorce agreement, George is required to pay Aaron $

20, 000

of alimony each year. George earns $

75, 000

a year. Aaron is required to include the alimony payments in gross income although George earned the income.

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True

False

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