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Velma and Bud Divorced

Question 140

Multiple Choice

Velma and Bud divorced.Velma's attorney fee of $5,000 is allocated as follows: General representation in obtaining the divorce $1,500 Services in obtaining custody of the child 900 Services in settlement of martial property 600 Determining the tax consequences of: Dependency deduction for child 700 Property settlement 1,300 ​ Of the $5,000 Velma pays to her attorney,the amount she may deduct as an itemized deduction is:


A) $0.
B) $700.
C) $2,000.
D) $5,000.
E) None of the above.

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