Question
Stan and Anne were divorced in January 2018. The provisions of the divorce decree and Annes obligations have not been changed since the original agreement
Stan and Anne were divorced in January 2018. The provisions of the divorce decree and Annes obligations have not been changed since the original agreement and are as follows:
Anne is to make the mortgage payments for 20 years regardless of how long Stan lives. Anne paid 7,870 in 2022 on the mortgage for interest.
Anne is to pay Stan $1,900 per month for 10 years or until Stan dies. Of this amount, $820 is designated as child support. Anne made all payments as required in 2022.
What would the effect of each of these payments be on the AGI of Anne and Stan in 2022 be specific in the amount and calculations
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