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Which code section details out how Alimony/child support payments are treated when they are less than the required amount. I know the answer is everything paid goes to child support first, but can’t find that in the IRS code.
I THINK it is Code Section 71(d), can anyone confirm?
B - 80 Jun16
A - 74 Aug16, 77 Oct16
R - 87 Nov15
F - 79 Apr16
Ethics - 98 Nov16
Licensed in New Mexico Dec16First go at the CPA! Only using Becker
Reg / Nov 2015 - 87
Far / Apr 2016 - 79
Bec / May 2016 - 80
Aud / Aug 2016
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