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Chris has gotten divorced in 2020. He pays a lump sum payment of $100,000 for spousal support, and then doesn't have to
Posted: Sun Jul 03, 2022 1:15 pm
by answerhappygod
- Chris Has Gotten Divorced In 2020 He Pays A Lump Sum Payment Of 100 000 For Spousal Support And Then Doesn T Have To 1 (377.6 KiB) Viewed 12 times
Chris has gotten divorced in 2020. He pays a lump sum payment of $100,000 for spousal support, and then doesn't have to pay any in the future. He must pay $1,000 per month in child support starting in January 2020 ($12,000 total for the year). What is the impact on Chris' income in 2020? $12,000 deduction $100,000 deduction O $112,000 deduction $0 no impact