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Llana [10]
3 years ago
9

Explain the meaning of the following quote:

Law
1 answer:
Dima020 [189]3 years ago
5 0

Answer:

place soever a man shall come, if he do any thing contrary to that Law, it is a Crime.

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Answer:

a. How will the $20,000 payments be treated by Fred and Tammy if covered by prior law? b. How will the payments be treated if the divorce is covered by new law? c. What is Tammy's basis in the residence? d. What role would a tax adviser play in a divorce?

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a. For Fred, the 20,000 must be included in income. There is no deduction for paying alimony.  For Tammy, the amount is not included in income.

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