John and Mary were divorced in 2017, when their child was 8 years old. The divorce decree

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John and Mary were divorced in 2017, when their child was 8 years old. The divorce decree provides that John pay $10,000 per year, to be reduced by 30% on their child's 18th birthday. During 2021, John pays $4,000. How much income will Mary report?

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South Western Federal Taxation 2023 Comprehensive Volume

ISBN: 9780357719688

46th Edition

Authors: Annette Nellen, Andrew D. Cuccia, Mark Persellin, James C. Young

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Posted Date: Feb 26, 2024 04:52 AM

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John and Mary were divorced in 2017, when their child was 8 years old. The divorce decree

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it appears that John did not comply with the terms of the divorce decree as he ... View the full answer

South Western Federal Taxation 2023 Comprehensive Volume

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