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Under a 2014 divorce decree, Diana receives $16,000 from her former husband each year for alimony and child support as part of their divorce agreement.

Under a 2014 divorce decree, Diana receives $16,000 from her former husband each year for alimony and child support as part of their divorce agreement. Her payments will be reduced by $9,000 once her son reaches age 18. What amount of the payment is considered alimony and would be taxable as gross income to Diana each year?

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$16,000

$0

$0 until her son reaches age 18, then $7,000 thereafter

$7,000

$9,000

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