If your answer is zero, enter "0". a. Under a 2017 divorce agreement, Joan is required to pay her ex-husband, Bill, $700 a month until their daughter is 18 years of age. At that time, the required payments are reduced to $450 per month. 1. How much of each $700 payment may be deducted as alimony by Joan? $ 2. How much of each $700 payment must be included in Bill's taxable income? $ 3. How much would be deductible/included if the divorce agreement were dated 2021? $ Educational Incentives (LO 2.14) In 2021, Jose paid the following amounts for his son to attend Big State University: Tuition Room and board Books $6,400 4,000 772 A car to use at school 1,932 237 4,775 Student football tickets Spending money How much of the above is a qualified higher education expense for purposes of his Section 529 plan? $