Under a Court-Ordered Decree of Separate Maintenance Executed in 2015,
Under a court-ordered decree of separate maintenance executed in 2015, Rebecca is required to pay her ex-husband, Carl, $4,750 a month until their youngest son turns age 18. At that time, the required payments are reduced to $2,100 per month. How much of each payment is deductible by Rebecca as alimony for 2015?
All of the following are requirements for a payment to be considered alimony except,
A) Payments cannot be a transfer of services.
B) Payments are not required after the death of the recipient spouse.
C) Payments are required by a divorce or separation agreement.
D)Payments can either be in cash or property.
Under a 2015 divorce decree, Antoine is required pay $800 of alimony and $400 of child support each month for the next 10 years. In addition, Antoine makes a voluntary payment of $200 per month. How much of the total monthly payments are deductible by Antoine?
Which of the following items are considered alimony?
A) Payments made to a third party on behalf of the former spouse for the former spouse's dental expenses.
B) Payments made for a six month period after the death of the recipient spouse.
C) Noncash property settlement.
D)Payments made on a piece of property transferred to the ex-spouse under the settlement agreement.