Smith an individual is required to pay goode yearly alimony


Problem

Smith, an individual, is required to pay Goode yearly alimony of $6,000 and yearly child support of $18,000. Smith paid Goode $20,000 in 2017. Smith's 2017 W-2 income was $50,000. Considering only the foregoing facts, what should Smith's adjusted gross income be for 2017?

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Accounting Basics: Smith an individual is required to pay goode yearly alimony
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