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Question: Under a court-ordered decree of separate maintenance executed in 2014, Rebecca is required to pay her ex-husband, Carl, $4,750 a month until their youngest son turns age 18. At that time, the required payments are reduced to $2,100 per month. How much of each payment is deductible by Rebecca as alimony for 2014?

$6,850.

$4,750.

$2,100.

$0.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92579463

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