QUESTION 8 Ted and Alice divorced this year. Pursuant to the divorce agreement, Ted pays $5,000 alimony

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QUESTION 8

Ted and Alice divorced this year. Pursuant to the divorce agreement, Ted pays $5,000 alimony and $7,500 child support to Alice every month. Which of the following statements is true?

Alice includes the monthly alimony and child support payments in gross income

Ted is allowed to deduct the monthly alimony and child support payments

Ted is entitled to the exemptions for the couples' two minor children because he is paying child support

None of the above is true

Posted Date: May 31, 2024 05:03 AM

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QUESTION 8 Ted and Alice divorced this year. Pursuant to the divorce agreement, Ted pays $5,000 alimony

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