Velma and Bud divorced.Velma's attorney fee of $5,000 is allocated as follows: $\begin{array} { l }
\text { General representation in obtaining the divorce}&\$1,500\
\text { Services in obtaining custody of the child }&900\
\text { Services in settlement of martial property }&600\
\text { Determining the tax consequences of: }&\
\text {Dependency deduction for child }&700\
\text { Property settlement }&1,300\
\end{array}$
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 these.

Question

Velma and Bud divorced.Velma's attorney fee of $5,000 is allocated as follows: $\begin{array} { l  }
 \text { General representation in obtaining the divorce}&\$1,500\
 \text { Services in obtaining custody of the child }&900\
 \text { Services in settlement of martial property }&600\
 \text {  Determining the tax consequences of: }&\
 \text {Dependency deduction for child }&700\
 \text { Property settlement }&1,300\
\end{array}$
 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 these.

Quizplus · Accepted Answer

The Answer of Velma and Bud divorced.Velma's attorney fee of $5,000 is allocated as follows: $\begin{array} { l  }
 \text { General representation in obtaining the divorce}&\$1,500\
 \text { Services in obtaining custody of the child }&900\
 \text { Services in settlement of martial property }&600\
 \text {  Determining the tax consequences of: }&\
 \text {Dependency deduction for child }&700\
 \text { Property settlement }&1,300\
\end{array}$
 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 these.

Velma and Bud Divorced Of the $5,000 Velma Pays to Her Attorney,the Amount She