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Trent and Kim divorce on September 1st 2016 as part of the divorce decree beginning in September Trent was to make payments to Kim of
Trent and Kim divorce on September 1st 2016 as part of the divorce decree beginning in September Trent was to make payments to Kim of 1,000 a month for the balance of the year for recent medical expenses child support payments of 1000 per month and 1500 a month for the mortgage payment on a jointly-owned home Kim and the children will continue to live in the home what is the amount trinkin deduct from his alimony for 2016
mination Questions 45 Hour Federal Tax Law d Kim divorced on September 1, 2016. As part of the divorce decree, beginning in September, Trent payments to Kim of $1,000 a month for the balance of the year for recent medical expenses, child su s of $1,000 per month, and $1,500 a month for the mortgage payment on a jointly-owned ren will continue to live in the home. What is the amount that Trent can deduct as alimony for 2016 1,000 4,000 7.000 10,000 no gain or loss is recognized on a transfer of property from the taxpayer to (or in trust for the her former spouse if the transfer is incident to their divorce. This rule applies even if the transfer e for all of the following except ash he release of marital rights he assumption of liabilities ertain transfers in trust ration decree says a taxpayer is to pay $2,000 a month in alimony, and he or she pays $2,200 in e amount that is deductible as alimony? 1,000 .100 2,000Step by Step Solution
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