Answered
The Sharps were granted a decree of divorce effective January 1,2017.In accordance with the decree,Susan Sharp is to pay her spouse $24,000 a year until their only child,Mealnie now 11,turns 18,and then the payments will decrease by $11,000 per year.For 2017,how much can Susan deduct as alimony?
A) $11,000.
B) $13,000.
C) $35,000.
D) None of these.
On May 28, 2024