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Mattie and Elmer are separated and are in the process of obtaining a divorce.They incur legal fees for their respective attorneys with the expenses being itemized as follows:
For
Mattie
Elmer
General costs of the divorce
$3,500
$3,000
Determination of dependency exemptions
1,500
-0-
Property settlement tax consequences
400
1,500
$5,400
$4,500
Although there is no requirement that he do so,Elmer pays Mattie's lawyer as a gesture of the positive feelings he still has for her.
a.Determine the deductions for Mattie and for Elmer.
b.Classify the deductions as for AGI and from AGI.
Umbilical Cord
A flexible cord-like structure containing blood vessels that connects a fetus in the womb to its mother's placenta, providing oxygen and nutrients.
Yolk
The nutrient-rich central part of an egg that serves as food for the developing embryo in egg-laying animals.
Cephalocaudal Pattern
A principle of physical growth that states development progresses from the head (cephalo) towards the tail (caudal), meaning children typically gain control over the head, chest, and arm muscles before those of the legs.
Spinal Cord
A long, thin, tubular structure made up of nervous tissue, extending from the brainstem to the lower back, which transmits neural signals between the brain and the rest of the body.
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