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Author Question: On April 1, 2016, Martha, age 67, begins receiving payments of $3,000 monthly from her employer's ... (Read 82 times)

jake

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Question 1

Marisa and Kurt divorced in 2014. Under the terms of the divorce agreement, Marisa was to pay Kurt $110,000 in 2014 and $60,000 each year following until Kurt's death or remarriage. What must Kurt report on his tax return for 2016 regarding these transactions?

Question 2

On April 1, 2016, Martha, age 67, begins receiving payments of $3,000 monthly from her employer's qualified retirement plan. She had contributed $90,000 to the plan in after-tax dollars. The anticipated number of payments is 210.  Using the simplified method, how much of the payments are taxable in 2016?


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Marked as best answer by jake on Sep 13, 2020

jasonq

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jake

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Reply 2 on: Sep 13, 2020
Great answer, keep it coming :)


mcarey591

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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