Elena is required under a divorce agreement effective January 1,2017 to pay $800 of alimony and $250 of child support per month for 10 years.Elena also makes a voluntary payment of $150 per month.How much of each monthly payment can Elena deduct as alimony in 2017?

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Under the tax laws effective for 2017, alimony payments are deductible by the payer and included in the recipient's income, but child support payments are not deductible by the payer nor taxable to the recipient. Voluntary payments beyond the required amounts are also not deductible. Therefore, only the $800 specified as alimony in the divorce agreement is deductible by Elena.

Elena Is Required Under a Divorce Agreement Effective January 1,2017