Don Juan is divorced and under the terms of the 2019 decree, he pays his ex-wife $1,800 in alimony, $2,000 in child support and $8,000 for her share of the Honda. On form 1040 he can take an adjustment for:
Don Juan is divorced and under the terms of the 2019 decree, he pays his ex-wife $1,800 in alimony, $2,000 in child support and $8,000 for her share of the Honda. On form 1040 he can take an adjustment for:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Subject - account
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Transcribed Image Text:Don Juan is divorced and under
the terms of the 2019 decree, he
pays his ex-wife $1,800 in
alimony, $2,000 in child support
and $8,000 for her share of the
Honda. On form 1040 he can take
an adjustment for:
Choose one answer.
a. $9,800
b. $3,800
c. $1,800
d. None of these
e. $0
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