Ann moore receives a 1000 monthly payment from her former


Ann Moore receives a $1,000 monthly payment from her former husband Bill. How much of the $12,000 annual receipt is included in Ann's AGI under each of the following assumptions?

a. The monthly payment is alimony that Bill is required to pay under the Moores' divorce decree.

b. The monthly payment consists of $600 alimony and $400 child support that Bill is required to pay under the Moores' divorce decree.

c. The monthly payment is a gift from Bill, who is not legally obligated to pay any-thing to Ann under their divorce decree.

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Financial Management: Ann moore receives a 1000 monthly payment from her former
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