Under the terms of a divorce agreement entered into in 2018, Kim was to pay her husband Tom $7,000 per month in alimony.Kim's payments will be reduced to $3,000 per month when their 9 year-old son becomes 21.The husband has custody of their son.For a 12 month period, Kim can deduct from gross income (and Tom must include in gross income) :
A) $60,000.
B) $48,000.
C) $36,000.
D) $0.
E) None of these.
Correct Answer:
Verified
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