With Respect to Alimony and Property Settlements in a Divorce

question 80

Multiple Choice

With respect to alimony and property settlements in a divorce or separation,all of the following are true with the exception of

• A)a property settlement does not result in income to either spouse.
• B)no tax deduction is allowed for payment of a property settlement.
• C)the spouse receiving a property settlement has a basis equal to the basis of that property to the paying spouse prior to payment.
• D)no deduction is allowed for alimony paid to the former spouse if a property settlement is also paid.

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Definitions:

Fine-Toothed Comb

A phrase used to describe a thorough, detailed search or analysis.

Oral Hygiene Care

The practice of keeping the mouth, teeth, and gums clean and healthy to prevent disease, including regular brushing and flossing.

Padded Tongue Blade

A medical device with padding used to protect the patient's tongue and teeth during procedures or to assist in keeping the airway open.

Hydrogen Peroxide

A chemical compound (H2O2) used as an antiseptic, disinfectant, and bleach.