The Renfros were granted a decree of divorce in 2016. In accordance with the decree, Josh Renfro
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The Renfros were granted a decree of divorce in 2016. In accordance with the decree, Josh Renfro is to pay his ex-wife $24,000 a year until their only child, Evelyn now 10, turns 18, and then the payments will decrease to $14,000 per year. For 2017, how much can Josh deduct as alimony for the year?
a. $10,000.
b. $14,000.
c. $24,000.
d. None of the above.
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Related Book For
Fundamentals Of Taxation 2018
ISBN: 9781259713736
11th Edition
Authors: Ana M. Cruz Dr., Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler
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