Question: Which statement is true with regard to the tax implications of alimony? Alimony payments are not taxable income to the recipient. Alimony payments are a
Which statement is true with regard to the tax implications of alimony? Alimony payments are not taxable income to the recipient. Alimony payments are a tax deductible expense to the payor. If the recipient also receives child support, none of the monies received is treated as taxable income. If a spouse makes an additional payment beyond what is required by the divorce judgment, the entire amount is considered alimony for tax purposes
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