3. With regard to the curret year alimony decduction related to a divore, which

Question

3. With regard to the curret year alimony decduction related to a divore, which one of the is correct following statemens a. Alimony is deductible by the payor spouse and includible by the payee spouse, to the extent that payment is contingent on the status of the divorced couple's children The divorced couple may be members of the same household at the time alimony is paid, provided that the persons do not live as husband and wife, b. c. Alimony payments must terminate on the death of the payce spouse. d. Alimony may be paid either in cash or property

Explanation / Answer

Solution: Alimony payments must terminate on the death of payee spouse

Explanation: To be alimony, a payment needs to fulfil certain requirements. One of the required conditions is that there's no liability to make the payment (in property or cash) after the payees spouse death. Thus the alimony or spousal support have to terminate on the death of the payee spouse, else the payment will not be deductible

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