kate and jim divorced in 2020. under the divorce agreement kate pays jim $4000 per month in alimony, $1500 in child support and $100,000 in property settlement. for a 12 month period, kate can deduct from gross income(and jim must include in gross income):

Answer rating: 100% (QA)

Answer Kate can deduct the 4000 per month in alimony from her gross income and Jim must ... View the full answer