Hall, a divorced person, and custodian of her 12-year-old child filed her 2017 federal income tax return as head of hous
Posted: Mon May 30, 2022 8:53 am
Hall, a divorced person, and custodian of her 12-year-old child
filed her 2017 federal income tax return as head of household. The
divorce agreement, executed in 2017, provides for Hall to receive
$3000 per month, of which $600 is designated as child support.
After the child reaches 18, the monthly payments are to be reduced
to $2400 and are to continue until remarriage to death. However,
for the current year, Hall received a total of only $5000 from her
former husband. Hall paid an attorney $2000 in the current year in
the suit to collect the alimony owed.
What amount should be reported in Hall's current year tax return
as alimony income?
A. $36,000
B. $28,800
C. $5,000
C. $0
filed her 2017 federal income tax return as head of household. The
divorce agreement, executed in 2017, provides for Hall to receive
$3000 per month, of which $600 is designated as child support.
After the child reaches 18, the monthly payments are to be reduced
to $2400 and are to continue until remarriage to death. However,
for the current year, Hall received a total of only $5000 from her
former husband. Hall paid an attorney $2000 in the current year in
the suit to collect the alimony owed.
What amount should be reported in Hall's current year tax return
as alimony income?
A. $36,000
B. $28,800
C. $5,000
C. $0