Sid and Nancy’s divorce decree requires Nancy to pay Sid $2,000 per month in child support and $3,000 per month in alimony. Their divorce was final on February 14, 2022. Sid received all child support and alimony payments on time. How much of these payments is Sid required to report s taxable income on his 2022 return?

Sid and Nancy’s divorce decree requires Nancy to pay Sid $2,000 per month in child support and $3,000 per month in alimony. Their divorce was final on February 14, 2022. Sid received all child support and alimony payments on time. How much of these payments is Sid required to report s taxable income on his 2022 return?

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter16: Tax Research

Section: Chapter Questions

Problem 50RC

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