Which, if any, of the following is a deduction for AGl? State Income Taxes Paid Expenses deducted on Schedule C Real estate Taxes Paid Mortgage Interest Paid All of the choices Question 5 Jack and Jill were divorced in 2017. Their only marital property was a personal residence with a value of $400,000 and cost of $200,000. Under the terms of the divorce agreement, Jill received the house and Jill would pay Jack $50,000 each year for the next 10 years. If Jack should die, the remaining payments would be made to Jack's parents. Jack and Jill have lived apart since 2015 . The divorce agreement did not contain the word "alimony". Which of the following is a True statement? Jack must recognize a $100,000[$200,000$100,000] gain on the sale of his interest in the house. Jill is not allowed any alimony deductions Jack recognizes alimony income of $50,000 each year Jill is allowed to deduct $50,000 each year for alimony paid