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Business, 09.03.2021 01:00 austinshamblin8456

Under the alimony rules: a. To determine whether a cash payment is alimony, one must consult the state laws that define alimony. b. Alimony paid per a 2015 divorce agreement is included in the gross income of the recipient of the payments. c. A person who receives a property division has experienced an increase in wealth and thus should be subject to tax. d. A person who earns $90,000 and pays $20,000 in alimony per a divorce agreement entered into in 2020, is allowed to deduct the $20,000.

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Under the alimony rules: a. To determine whether a cash payment is alimony, one must consult the sta...
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