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Alison and Blake Alban married in June 23,2017. Unfortunately, the marriage failed and the parties...

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Accounting

Alison and Blake Alban married in June 23,2017. Unfortunately, the marriage failed and the parties were legally divorced on January 11,2022. The divorce decree requires Alison to pay $7,000 per month to Blake -- $4,000 of child support for their two year old daughter, Kate, and $3,000 for alimony. In addition, the divorce decree requires Alison to pay the $5,000 monthly mortgage payment on the house in which the couple formerly lived until the mortgage loan is paid off. Assume that the house had been owned jointly by Alison and Blake, but that full ownership must be transferred to Blake by the end of 2022. Assume also that Alison made twelve $7,000 payments and twelve $5,000 mortgage payments during 2023.
Assume finally that the title to the house was transferred to Blake on November 10,2022
and that the house had a value of $960,000 on the date of transfer. What alimony deduction may Alison claim on her 2023 Form 1040.
A. $144,000
B. $96,000
C. $36,000
D. $60,000
E. None of the above

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