Under the terms of a divorce decree executed May $1,2018,$ and which has not been amended since, Ahmed transferred a house worth

$$650,000$ to his ex$-$wife, Farah, and was to make alimony payments of $$3,000$ per month. The property has a tax basis to Ahmed of

$$300,000.$

Required:

a$.$ How much of this must be reported on Farah's $2023$ tax return?

b$.$ Of that amount, how much is taxable gain or loss that Farah must recognize related to the transfer of the house?

a$.$ Reportable payments

b$.$ Taxable gain or loss recognized