Gabby is planning a divorce, the terms of which will be settled in 2019. Under the expected terms of the divorce decree, she will pay alimony of $24,000 per year. Gabby's expected marginal tax bracket for 2019 is 24%. Gabby will have an after tax cost for the $24,000 payment of
A) $24,000.
B) $0.
C) $18,240.
D) $5,760.
Correct Answer:
Verified
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