Question: question #5 required portion #5) (2 Marks) Ms. Lutton is recently divorced from her spouse and has split custody of their 7 year old child.
#5) (2 Marks) Ms. Lutton is recently divorced from her spouse and has split custody of their 7 year old child. Below are the details of their unique situation: - On April 1, 2017, the parties agreed that Ms. Lutton would pay her ex $2,000 per month ($1,200 would relate to child support and $800 to spousal support). - As of December 31, 2017, Ms. Lutton made total periodic payments of $15,000. REQUIRED: Determine the amount that Ms. Lutton can claim as an expense on her tax return, Show all calculations
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