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    Federal Taxation
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    Exam 19: Gross Income: Inclusions
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    As a Result of a Divorce,Matthew Pays Jasmine Alimony of $75,000
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As a Result of a Divorce,Matthew Pays Jasmine Alimony of $75,000

Question 11

Question 11

Multiple Choice

As a result of a divorce,Matthew pays Jasmine alimony of $75,000 in year one and $25,000 per year in subsequent years.How much is deductible by Matthew in year one?


A) $25,000
B) $35,000
C) $40,000
D) $75,000

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