Author Question: A(n) ____ ensures that a nonemployee spouse remains responsible for taxes on a divided pension. ... (Read 24 times)

magmichele12

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A(n) ____ ensures that a nonemployee spouse remains responsible for taxes on a divided pension.
 
  a. TRO
  b. DSO
  c. IRS recapture rule
  d. QDRO

Question 2

According to the Taxpayer Relief Act of 1997:
 
  a. A sale of a marital residence prior to divorce would probably result in a higher tax burden.
  b. There would be no tax on a residence that sold for 400,000, with a cost basis of 280,000, regardless of whether it was before or after a divorce.
  c. A transfer of one spouse's interest in a home to the other, incident to a divorce, would keep the 500,000 exclusion intact.
  d. The sale of a marital residence does not result in a taxable capital gain.



kilada

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Answer to Question 1

d

Answer to Question 2

b



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