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Amanda is an attorney and Desiree is a gardener. Amanda prepares a will for Desiree and Desiree does landscaping services for Amanda as payment for

Amanda is an attorney and Desiree is a gardener. Amanda prepares a will for Desiree and Desiree does landscaping services for Amanda as payment for the preparation of the will. Amanda normally charges $2,000 for the preparation of a will. Do either Amanda or Desiree have to recognize any taxable income with respect to these transactions? If not, why not? If so, why, and how much?

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