Problem $2-29($Algorithmic$)$

Alimony $($LO $2\mathrm{.}13)$

Answer the following questions:

If your answer is zero, enter $"0".$

How much of each $$1,040$ payment may be deducted as alimony by Joan?

$

How much of each $$1,040$ payment must be included in Bill's taxable income?

$

How much would be deductible$/$included if the divorce agreement were dated $2022?$

$

How much taxable gain must be recognized by Jane at the time of the transfer?

$

What is the amount of Tom's tax basis in the property he received from Jane?

$