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How much of the payments to be paid

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Question - Ricky and Mary divorced in 2018. Mary has custody of their child, Arnold, and under the divorce decree Ricky pays Mary $120,000 per year. The payments must be made in cash and will cease if Mary dies or remarries. The payments drop to $100,000 per year once Arnold reaches the age of 18. How much of the payments to be paid in 2019 will Mary include in her gross income for 2019?

Reference no: EM132445909

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