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Under the terms of a non-revised divorce agreement executed in 2018, Bev was to pay her husband Leon $4,000 per month in alimony and $1,500
Under the terms of a non-revised divorce agreement executed in 2018, Bev was to pay her husband Leon $4,000 per month in alimony and $1,500 per month in child support. For the twelve-month period for 2022, what is the amount that Bev can deduct from gross income and Leon must include in gross income? Multiple Choice $0. $48,000. $18,000. $66,000
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Financial accounting
Authors: Walter T. Harrison, Charles T. Horngren, William Bill Thomas
8th Edition
9780135114933, 136108865, 978-0136108863
