Under a 2015 divorce decree, Antoine is required pay $800 of alimony and $400 of child support each month for the next 10 years. In addition, Antoine makes a voluntary payment of $200 per month. How much of the total monthly payments are deductible by Antoine?

Question

Quizplus · Accepted Answer

Under the tax law effective for divorce agreements executed before 2019, alimony payments are deductible by the payer. Therefore, Antoine can deduct the $800 monthly alimony payment. Child support and voluntary payments are not deductible.

Under a 2015 Divorce Decree, Antoine Is Required Pay $800