Indicate whether each of the items listed below would be (a) included in gross income or (b) excluded from gross income for the 2019 tax year.
-Child support payments
A)Included
B)Excluded

Question

Quizplus · Accepted Answer

Child support payments are excluded from gross income for tax purposes. They are not considered taxable income to the recipient and are not deductible by the payor.

Indicate Whether Each of the Items Listed Below Would Be