Gertrude and Angus Divorce in the current year after 8 years of marriage. Under the divorce agreement, Angus receives a vacation condo in the Bahamas that had been held jointly with Gertrude while they were married. The vacation condo was purchased for $100,000 five years ago, but now is worth $230,000. Also, Angus and Gertrude have an 8-year-old daughter, Lillian. Angus will have full custody of Lillian, and Gertrude is required to pay Angus $20,000 per year in child support beginning in the current year. However, the payments will be reduced to $15,000 a year once Lillian turns 21. In the first year of the agreement, Angus receives the vacation condo and the correct cash payments. The answer can be 0. How much can Gertrude deduct from the agreement? Tom, a cash basis taxpayer, gave 9,000 shares of Nike stock to his daughter Carrie as a gift on Jan 21, 2014. Nike has declared a dividend of $.10 per share on Jan 18, 2014. The date of payment is March 31, 2014, and the date of record is Feb 18, 2014. How much dividend income does Carrie recognize in the taxable income from the Nike stock in 2014? Tom, a cash basis taxpayer, gave 9,000 shares of Nike stock to his daughter Carrie as a gift on Jan 21, 2014. Nike has declared a dividend of $.10 per share on Jan 18, 2014. The date of payment is March 31, 2014, and the date of record is Feb 18, 2014. How much dividend income does Tom recognize in the taxable income from the Nike stock in 2014