Question: Ann is required under a divorce decree to pay alimony of $ 2,000 per month and child support of $ 3,000 per month. Ann has
Ann is required under a divorce decree to pay alimony of $ 2,000 per month and child support of $ 3,000 per month. Ann has only been paying $ 4,000 per month because she thinks the child-support obligation is too high. On Ann’s tax return, which portion of the payments does she treat as alimony and which part is considered child support?
Step by Step Solution
3.44 Rating (176 Votes )
There are 3 Steps involved in it
Alimony payments are deductible by the payor and taxable to th... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
584-L-B-L-T-L (1168).docx
120 KBs Word File
