Question

Which of the following statements about alimony payments is true for divorce agreements executed before 2019?

a. To qualify as alimony, payments must be made in cash.
b. Alimony payments are includible in the gross income of the recipient.
c. To qualify as alimony, payments cannot continue after the death of the recipient.
d. To qualify as alimony, payments must be made under a written agreement or divorce decree that does not designate the payments as "nonalimony" or child support.
e. All of the choices are correct.

Answer 1

All of the statements presented about alimony payments are true for divorce agreements executed before 2019, including that they must be made in cash, are includible in the recipient's gross income, cannot continue post-death, and must be under a certain type of written agreement.

Step-by-step explanation:

The statement about alimony payments that is true for divorce agreements executed before 2019 is that all of the choices are correct. Specifically:

• To qualify as alimony, payments must be made in cash (statement a).
• Alimony payments are includible in the gross income of the recipient (statement b).
• To qualify as alimony, payments cannot continue after the death of the recipient (statement c).
• To qualify as alimony, payments must be made under a written agreement or divorce decree that does not designate the payments as "nonalimony" or child support (statement d).
• Thus, all of the choices are correct (statement e).

These guidelines are detailed in the Internal Revenue Code (IRC) and must be adhered to in order for payments to be considered alimony for tax purposes.