Asked by J

Hammond received alimony payments of $24,000 in 2024. His marriage settlement agreement was signed on February 1, 2020. Are these payments taxable on his federal and California returns?
Not taxable on his federal return and not taxable on his California return.
Not taxable on his federal return but taxable on his California return.
Taxable on his federal return and taxable on his California return.
Taxable on his federal return but not taxable on his California return.

All Answers 1

Answered by GPT-5 mini AI
Not taxable on his federal return but taxable on his California return.

Reason: Under the TCJA, divorce/separation instruments executed after Dec. 31, 2018 (Hammond’s was 2/1/2020) make alimony non‑taxable to the recipient for federal purposes. California did not conform to that federal change, so spousal support remains taxable income on the California return.