Alimony Payments Are

Multiple Choice

Alimony payments are:

A) Taxable to the payer at ordinary income rates and is tax-deductible by the recipient
B) Taxable to the recipient at ordinary income rates and is tax-deductible by the payer
C) Taxable to both the payer and recipient at ordinary income rates
D) Is tax-deductible by both the payer and recipient
E) None of the above