Smith, an individual, is required to pay Goode yearly alimony of $6,000 and yearly child support of
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Smith, an individual, is required to pay Goode yearly alimony of $6,000 and yearly child support of $18,000. Smith paid Goode $20,000 in 2017. Smith’s 2017 W–2 income was $50,000. Considering only the foregoing facts, what should Smith’s adjusted gross income be for 2017?
a. $30,000
b. $45,000
c. $48,000
d. $50,000
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Related Book For 
South Western Federal Taxation 2018 Essentials Of Taxation Individuals And Business Entities
ISBN: 9781337386173
21st Edition
Authors: William A. Raabe, James C. Young, Annette Nellen, David M. Maloney
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