Dan divorced on October 31, 2018, and did not modify his divorce settlement after October 31, 2018. Dan paid alimony of $400 per month to his former spouse from March through December. He also paid $350 per month for child support during the same time period, as well as for his son's sports fees ($225), medical insurance ($39 per month) and for his eye exam and glasses ($250). What is the amount that Dan can deduct for alimony paid? 7500 4800 4000 4943 1343

Answer rating: 100% (QA)

To determine the amount of alimony that Dan can deduct for tax purposes we need to consider the rul... View the full answer