Interest was credited to Jane's savings account on December 31, 2020. As long as Jane leaves the interest in the account and does not withdraw it, this interest is not taxable to her in 2020. 1) True 2) False Question 7 (2.5 points) Listen Ed and Edna are divorced in 2018. The couple has one child, age 11. Under a 2018 divorce instrument, Edna is to pay Ed alimony of $1,000 per month. Alimony payments will be reduced by $600 a month when the child reaches 18. Under this fact situation, $600 of the $1,000 a month payment from Edna to Ed is treated as nondeductible child support. 1) True 2) False