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.
Correct Answer:

Verified
Correct Answer:
Verified
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