Question: Sometimes a divorce settlement will transfer property from one spouse to another. If that happens, the beneficiary generally ________. Question 61Select one: a. Will not
Sometimes a divorce settlement will transfer property from one spouse to another. If that happens, the beneficiary generally ________. Question 61Select 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
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