Tax return and gross income

Assignment Help Accounting Basics

Reference no: EM13151970

Richard and Alice Kelley lived apart during 2009 and did not file a joint tax return for the year. Under the terms of the written separation agreement they signed on July 1, 2006, Richard was required to pay Alice $1,500 per month of which $600 was designated as child support. He made 12 such payments in 2009. Assuming that Alice has no other income, her tax return for 2009 should show gross income of:

a. $0

b. $5,400

c. $10,800

d. $12,600

Reference no: EM13151970

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