On June 15, 2020, Sandra and Jerry Groom sign a separation agreement that calls for Sandra to pay Jerry $1,500 per month in child support (Jerry will have custody of their five children) and $2,500 per month in spousal support beginning July 1. During 2020, Sandra pays support for only three months. How will the total support paid of $12,000 be dealt with in Sandra and Jerry’s 2020 tax returns?

Answer rating: 100% (QA)

In general child support payments are not tax deductible for the payer and are not taxable income fo... View the full answer