Alimony recapture

  • Creator
    Topic
  • #185086
    Anonymous
    Inactive

    In the Ninja notes, it says for the second year recapture, it is

    3rd year – 2nd year – $15,000

    I came across a Wiley problem and in the solution, it says the second year recapture is

    2nd year – 3rd year -15,000

    I am just wondering, which is correct?

Viewing 2 replies - 1 through 2 (of 2 total)
  • Author
    Replies
  • #545761
    TargetCPA
    Participant

    Alimony Recapture Formula:

    R3 = R1 + R2

    R2 = P2 – (P3 + 15,000)

    R1 = P1 – [ (P2 – R2 + P3)/2 + 15,000]

    Shortcut for Year 3 Recapture = P1 + P2 – 2P3 – 37,500

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - NINJA in Training
    BEC-78(Expired),68,71,69,74
    REG-Waiting for score
    AUD-
    FAR-
    #545770
    TargetCPA
    Participant

    Alimony Recapture Formula:

    R3 = R1 + R2

    R2 = P2 – (P3 + 15,000)

    R1 = P1 – [ (P2 – R2 + P3)/2 + 15,000]

    Shortcut for Year 3 Recapture = P1 + P2 – 2P3 – 37,500

    AUD - NINJA in Training
    BEC - NINJA in Training
    FAR - NINJA in Training
    REG - NINJA in Training
    BEC-78(Expired),68,71,69,74
    REG-Waiting for score
    AUD-
    FAR-
Viewing 2 replies - 1 through 2 (of 2 total)
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