Question
on his 2018 tax return, glenn deducted alimony paid but failed to report required information about his spouse. consequently, glenn would be subject to: a
on his 2018 tax return, glenn deducted alimony paid but failed to report required information about his spouse. consequently, glenn would be subject to:
- a potential disallowance of the deduction.
- an automatic $50 penalty for the payor spouse.
- suspension of the deduction until information is submitted.
- the payment being treated as a divorce expense.
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Fundamentals Of Taxation 2019
Authors: Ana M. Cruz Dr., Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone
12th Edition
1260091880, 1260091885, 1260158675, 978-1260158670
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