Business, 19.10.2021 15:40 paolaf9996
Under the terms of a divorce agreement entered into in 2017, Abdul is to pay his former wife Jill $10,000 per month. The payments are to be reduced to $7,000 per month when their child reaches age 18. During the current year, Abdul paid $120,000 under the agreement. Assuming all of the other conditions for alimony are satisfied, Abdul can deduct from gross income (and Jill must include in gross income) as alimony:
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Under the terms of a divorce agreement entered into in 2017, Abdul is to pay his former wife Jill $1...
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