John and Mary are divorcing. John is demanding that Mary pay him $75,000 of alimony in the
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John and Mary are divorcing. John is demanding that Mary pay him $75,000 of alimony in the first year after the divorce, $50,000 in the second year, and
$25,000 in the third and all subsequent years until he dies or remarries.What are the income tax ramifications of alimony structured in this manner?
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Related Book For
Taxation For Decision Makers 2008
ISBN: 9780324654110
2nd Edition
Authors: Shirley Dennis-Escoffier, Karen A. Fortin
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