Barney and Betty got divorced in 2018. In the divorce decree Betty agreed to transfer 100 shares of common stock worth $50,000 and pay Barney $24,000 per year for five years (or until Barney's death or remarriage). What amount (if any) is included in Barney's gross income this year

Barney's gross income this year is $24000

Explanation:

we know here Barney and Betty got divorced

and it is here clear that Betty transfer 100 % share

here common stock = $50000

so

Barney's gross income amount for this year is $24000

because here the alimony payments is in cash pursuant to the divorce

and it is not survive the death of the recipient

so Barney's gross income this year is $24000