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:
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.
Definitions:
Cents
A monetary unit in various countries, equal to one-hundredth of a base unit of currency, like the dollar in the United States.
Aluminum Tubing
Hollow cylindrical pieces made of aluminum used in various applications, including construction and manufacturing.
Feet
A unit of length in the imperial and US customary systems of measurement, equal to 12 inches or 0.3048 meters.
Costs
Expenses incurred in the process of producing or acquiring goods and services.
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