The Renfros were granted a decree of divorce in 2018 that has remained unchanged. In accordance with
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The Renfros were granted a decree of divorce in 2018 that has remained unchanged. 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 2019, 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 2020 Edition
ISBN: 9781260483147
13th Edition
Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler
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