Which of the following is taxable as gross income? a. Child support received based on a divorce
Question:
Which of the following is taxable as gross income?
a. Child support received based on a divorce agreement executed in 2015.
b. Alimony received based on a divorce agreement executed in 2015.
c. Child support received based on a divorce agreement executed in 2019.
d. Alimony received based on a divorce agreement executed in 2019.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
a under IRC 71 when a divorce agreement is executed in 2015 the support must be taxable to the payor ...View the full answer
Answered By
Brian Otieno
I'm Brian , an experienced professional freelancer with countless hours of success in freelancing many subjects in different disciplines. Specifically, I have handled many subjects and excelled in many disciplines. I have worked on many Computer Science projects and have been able to achieve a lot in that field. Additionally, I have handled other disciplines like History, Humanities, Social Sciences, Political science, Health care and life science, and Religion / Theology. My experience generally in these subjects has made me able to deliver high-quality projects in a very timely fashion. I am very reliable at my job and will get the work done in time, no matter what. In Addition, I have managed to ensure that the work meets my client's expectations and does not cause an error. I am a hard-working and diligent person who is highly responsible for everything I do. Generally, Freelancing has made me more accountable for doing my job. Additionally, I have had a passion for writing for the last seven years in this field.
0 Reviews
10+ Question Solved
Related Book For 
South-Western Federal Taxation 2022 Individual Income Taxes
ISBN: 9780357519073
45th Edition
Authors: James C. Young, Annette Nellen, William A. Raabe, Mark Persellin, William H. Hoffman
Question Posted:
