Question
Laura and Leon were granted a divorce in 2011. In accordance with the decree, Leon made the following payments to Laura in 2016: Child support
Laura and Leon were granted a divorce in 2011. In accordance with the decree, Leon made the following payments to Laura in 2016: Child support payments contingent on the age of the child $6,000 Annual cash payments, other than child support, specified as alimony in the divorce agreement $4,000 How much should Laura include in her 2016 taxable income as alimony?
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Financial Accounting International Edition
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
6th Edition
978-0470623275
