The divorce decree requires John to pay $800 a month to Jane and does not specify the
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The divorce decree requires John to pay $800 a month to Jane and does not specify the use of the money. According to the decree, the payments will stop after the children reach 18 or graduate from high school, whichever comes first. May John deduct the payments as alimony?
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In the United States whether John can deduct the payments as alimony for tax purposes depends on the ...View the full answer
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Related Book For 
CCH Federal Taxation Basic Principles 2020
ISBN: 9780808051787
2020 Edition
Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback
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