Business, 13.02.2020 23:57 IntellTanito
If Larry and Lolita finalize a divorce this year and the court orders Larry to pay alimony in the amount of $700 per month for six months (through December), and then $700 per month for 15 years or until Lolita dies, which of the following statements will be true? a. Larry and Lolita may not file married filing jointly when completing this year's tax return. b. Lolita must file as head of household when completing this year's tax return. c. Larry may take a $4,200 deduction from gross income related to the alimony payments. d. Lolita need not report the alimony paid, or any child support payments, when she files taxes in future years. e. Both a and c are correct.
Answers: 3
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If Larry and Lolita finalize a divorce this year and the court orders Larry to pay alimony in the am...
Mathematics, 08.08.2019 03:30
Mathematics, 08.08.2019 03:30