Sometimes a divorce settlement will transfer property from one spouse to another. If that happens, the beneficiary generally $\_\_\_\_\_\_\_\_.$

Question $61$Select one:

a$.$

Will not pay tax on any possible gain related to the transferred property

b$.$

Will pay tax on any possible gain related to the transferred property

c$.$

Will pay tax on the gain if the fair market value of the transferred property is greater than the original cost

d$.$

Will benefit from being able to claim a capital loss on the tax return if the fair market value of the transferred property is less than the original cost