Jake pays the following amounts to his former spouse during the current year:
Regular alimony payments $12,000
Child support 10,000
Residence as part of a property settlement 115,000.
What amount can Jake deduct as alimony for the current year? Assume the divorce occurred before 2019.
a. $0
b. $12,000
c. $22,000
d. $137,000
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