Under the alimony rules:
A)The income is included in the gross income of the recipient of the payments.
B)A person who receives a property division has experienced an increase in wealth and thus should be subject to tax.
C)State law determine what is alimony for Federal income tax purposes.
D)Payments for child care are included in the child's gross income.
E)None of the above.

Question

Quizplus · Accepted Answer

Under the alimony rules, alimony payments are considered taxable income for the recipient and must be included in their gross income.

Under the Alimony Rules