A couple was divorced in $2016,$ resulting in the payment of alimony. Alimony paid in $2023$ is

A$.$ deductible by both the payor and the payee.

B$.$ deductible by the payor and included in income by the payee.

C$.$ an item which does not affect the payor's or the payee's tax reporting.

D$.$ included in income by the payor and deducted by the payee.

A couple was divorced in $2016,$ resulting in the payment of alimony. Alimony paid in $2023$ is

A$.$ deductible by both the payor and the payee.

B$.$ deductible by the payor and included in income by the payee.

C$.$ an item which does not affect the payor's or the payee's tax reporting.

D$.$ included in income by the payor and deducted by the payee.

A couple was divorced in $2016,$ resulting in the payment of alimony. Alimony paid in $2023$ is

A$.$ deductible by both the payor and the payee.

B$.$ deductible by the payor and included in income by the payee.

C$.$ an item which does not affect the payor's or the payee's tax reporting.

D$.$ included in income by the payor and deducted by the payee.