Question: Clem and Ida have been married for several years, but this year they decided to get divorced. In the divorce decree, Clem agreed to deed

Clem and Ida have been married for several years, but this year they decided to get divorced. In the divorce decree, Clem agreed to deed his car to Ida and pay Ida $10,000 per year for four years. Will either of these transfers qualify as alimony for tax purposes? Explain.

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