Which of the following statements about alimony payments is true for divorce agreements executed before 2019?
A)To qualify as alimony, payments must be made in cash.
B)Alimony payments are includible in the gross income of the recipient.
C)To qualify as alimony, payments cannot continue after the death of the recipient.
D)To qualify as alimony, payments must be made under a written agreement or divorce decree that does not designate the payments as "nonalimony" or child support.
E)All of the choices are correct.

Question

Quizplus · Accepted Answer

For divorce agreements executed before 2019, all the statements are true regarding alimony payments. They must be in cash (A), are considered taxable income for the recipient (B), cannot continue after the death of the recipient (C), and must be under a written agreement that does not specify the payments as nonalimony or child support (D).

Which of the Following Statements About Alimony Payments Is True