Laura and Leon were granted a divorce in 2019. In accordance with the decree, Leon made the following payments to Laura in 2019: Child support payments contingent on the age of the child Annual cash payments, other than child support, specified as alimony in the divorce agreement How much should Laura include in her 2019 taxable income as alimony?

Question

Quizplus · Accepted Answer

Under the Tax Cuts and Jobs Act, for divorce agreements executed after December 31, 2018, alimony payments are not deductible by the payer and are not included in the recipient's taxable income. Since the divorce occurred in 2019, Laura should not include any alimony in her taxable income.

Laura and Leon Were Granted a Divorce in 2019