Business, 20.09.2020 14:01 candymorgan81

Under the terms of a divorce agreement entered into in 2017, Kim was to pay her husband Tom $7,000 per month in alimony. Kim’s payments will be reduced to $3,000 per month when their 9 year-old son becomes 21. The husband has custody of their son. For a twelve-month period, Kim can deduct from gross income (and Tom must include in gross income): A) 60,000
B) 48,000
C) 36,000
D) $0
E) None of these

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