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Richard and Alice Are Divorced and Under the Terms of Their

question 23

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Richard and Alice are divorced and under the terms of their written divorce agreement signed on December 30,2006,Richard was required to pay Alice $1,500 per month of which $600 was designated as child support.He made 12 such payments in 2013.Additionally,Richard voluntarily paid Alice $1,200 per month for 12 months of 2013,no portion of which was designated as child support.Assuming that Alice has no other income,her tax return for 2013 should show gross income of:


Definitions:

Puffing

The act of making exaggerated or vague claims about a product or service, which are subjective and not legally binding.

Generalities

Statements or notions that are vague and lack specific detail, applied broadly rather than specifically.

Exaggerations

Statements or claims that stretch the truth or overemphasize facts, often used for emphasis or effect.

Ad Substantiation

The requirement that advertisers have evidence to back up their claims, ensuring that advertisements are truthful and not misleading.

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