A Couple Will Be Getting Divorced in 2019,resulting in the Payment

question 107

Multiple Choice

A couple will be getting divorced in 2019,resulting in the payment of alimony.Alimony paid in 2019 will be

• A)deductible by both the payor and the payee.
• B)deductible by the payor and included in income by the payee.
• C)included in income by the payor and deducted by the payee.
• D)an item which does not affect the payor's or the payee's tax reporting.

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Definitions:

Cultivating Network

The process of actively engaging and expanding one's social and professional contacts for mutual benefit.

Reputable People

Individuals known for their credibility, reliability, and good standing in their community or professional field.

Valuable Contacts

Individuals or organizations that are important or beneficial to a person's or company's network, often enhancing business opportunities or career prospects.

Sales Presentation

A detailed demonstration or pitch aimed at persuading an audience to purchase a product or service, emphasizing its advantages and features.