DEDUCTION FOR ALIMONY ALLOWED IN DETERMINING ADJUSTED GROSS INCOME.

SEC. 502. DEDUCTION FOR ALIMONY ALLOWED IN DETERMINING ADJUSTED GROSS INCOME. (a) In General.— Section 62 (defining adjusted gross income) is amended by inserting after paragraph (12) the following new paragraph: “(13) Alimony.— The deduction allowed by section 215.” (b) Conforming Amendment.— The first sentence of subparagraph (A) of section 3402(m)(2) (relating to withholding allowances based on itemized deductions) is amended by striking out “under section 62” and inserting in lieu thereof “under section 62 (other than paragraph (13) thereof)”. (c) Effective Date.— The amendments made by this section shall apply to taxable years beginning after December 31, 1976.