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What is the amount that will be included in jack net income

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Reference no: EM132018520

Question - Jack and Joan were divorced three years ago. Their separation agreement calls for Joan to pay $350 per month in child support and $200 per month in spousal support. During the current year, Joan pays the full amount of $550 for each of the first ten months. No further payments were made. What is the amount that will be included in Jack's Net Income For Tax Purposes for the current year?

A. $2,000

B. $1,300

C. $5,500

D. $2,400

Reference no: EM132018520

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