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i ONLY meed letter D solved! b. Nell will receive $1,000 per month for 120 months. If she dies before receiving all 120 payments, the

i ONLY meed letter D solved! image text in transcribed
b. Nell will receive $1,000 per month for 120 months. If she dies before receiving all 120 payments, the remaining payments will be made to her estate. Regardless of the classification as alimony or property settlement., the payments are neither included in Neli's gross income nor deductible by Kirby since they are pursuant to a divorce agreement reached after 2018. c. Neli is to have custody of their 12 -year-old son, Bobby, She is to receive $1,200 per month until Bobby (1) dies or (2) attains age 21 (whichever occurs first). After either of these events occurs, Nell will receive only $300 per month for the remainder of her life. The monthly payments are considered Regardiess of the classification of the payments as child support or alimony the payments are excluded from Nell's gross income as they are received by hec, and Kirby may not deduct the payments. d. How would the answer to part (b) change if the divorce had been finalized in 2017 ? Even if the divorce were settied in 2017 , the cash payments of \$ per month as alimony because they cease upon Nell's death. Therefore, the payments would stia be excluded from Nell's gross income and by kirby

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