Under a non-revised divorce decree executed in 2018, Pillar is required to pay her ex-husband, Miguel, $4,750 a month until their youngest son, whose is now 10, turns age 18. At that time, the required payments are reduced to $2,100 per month. How much of each payment is deductible by Pillar as alimony for 2019?
Multiple Choice
$6,850.
$4,750.
$2,100.
$0.
Answer: Option iii) $2,100
Explanation:
Under a non-revised divorce decree executed in 2018, Pillar is required to pay her ex-husband, Miguel, $4,750 a month until their youngest son, whose is now 10, turns age 18. At that time, the required payments are reduced to $2,100 per month.
The required payments are reduced to $2,100 per month. So, is each payment $2,100 is deductible by Pillar as alimony for 2019.
How much paid should be deducted by Pillar as alimony for 2019.
Thus, option iii) is correct and remaining options are incorrect.
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