Child support payments:

Question $48$ options:

a$)$

Have no taxable impact on either the payer or the recipient

b$)$

Taxable to the payer at ordinary income rates and is tax$-$deductible by the recipient

c$)$

Taxable to the recipient at ordinary income rates and is tax$-$deductible by the payer

d$)$

Taxable to the child at ordinary income rates and is tax$-$deductible by the payer

e$)$

None of the above