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If the Alimony Recapture Rules Apply, the Recipient of the Alimony

question 75

True/False

If the alimony recapture rules apply, the recipient of the alimony decreases his or her AGI by a portion of the amount included in gross income as alimony in a prior year or years.


Definitions:

Compound

A chemical substance made up of two or more elements chemically bonded together.

Compound

A substance made up of two or more elements chemically combined in fixed ratios.

Reaction

A process in which chemical substances interact, leading to the rearrangement of their atomic connectivity and the formation of different substances.

Compound

A substance formed from two or more elements that are chemically combined in fixed proportions.

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