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QUESTION 26 Under a divorce agreement executed in 2014, Bob is required to pay his ex-wife, Carol, 3,000 a month until their youngest daughter is

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QUESTION 26 Under a divorce agreement executed in 2014, Bob is required to pay his ex-wife, Carol, 3,000 a month until their youngest daughter is 21 years of age. At that time, the required payments are reduced to $2,000 per month . How much of each $3,000 payment may be deducted as alimony by Bob? 6. How much of each $3,000 payment must be included in Carol's taxable income? For the toolbar, press ALT+F 10 (PC) or ALT-FNF10 (Mac) Anal 3 (12 TE

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