Jason makes payments in 2020 to his ex-spouse Dana related to their 2019 divorce agreeement of 1) alimony of $1,800 a month and 2) child support of $1,500 a month. What are the conseuquences of these payments to Jason? What are the consequences of these payments to Dana?

Jason makes payments in 2020 to his ex-spouse Dana related to their 2019 divorce agreeement of 1) alimony of $1,800 a month and 2) child support of $1,500 a month. What are the conseuquences of these payments to Jason? What are the consequences of these payments to Dana?

Income Tax Fundamentals 2020

38th Edition

ISBN:9780357391129

Author:WHITTENBURG

Publisher:WHITTENBURG

Chapter2: Gross Income And Exclusions

Section: Chapter Questions

Problem 28P: Arlen is required by his 2019 divorce agreement to pay alimony of $2,000 a month and child support...

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