Oscar and Diane Separated in June of This Year Although

question 929

Essay

Oscar and Diane separated in June of this year although they continue to live in the same town. They have twin sons, Blake and Cliff, who remain in the family home with Diane. Oscar's income this year was $45,000 while Diane worked only part- time and made $15,000. Oscar also gambles heavily but told Diane that he had no winnings this year. What tax issues should they consider?

---

Definitions:

Folate

A B-vitamin essential for red blood cell formation, healthy cell growth and function, and the prevention of certain birth defects.

Vitamin K

A fat-soluble vitamin essential for the synthesis of proteins required for blood coagulation and the binding of calcium in bones and other tissues.

Hemoglobin

Hemoglobin is the iron-containing oxygen-transport metalloprotein in the red blood cells of most vertebrates, responsible for the red color.

Carboxyhemoglobin

Carboxyhemoglobin is a complex of carbon monoxide and hemoglobin that forms in red blood cells upon exposure to carbon monoxide, preventing normal oxygen delivery to the body.