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Velma and Bud Divorced

Question 36

Multiple Choice

Velma and Bud divorced. Velma's attorney fee of $5,000 is allocated as follows: ​
Velma and Bud divorced. Velma's attorney fee of $5,000 is allocated as follows: ​   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. 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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