Which of the following statements is true regarding payments in divorce?

a. Alimony payments made pursuant to a divorce finalized in 2020 are deductible by the payor and income to the recipient.

b. Child support paid is deductible by the payor and income to the recipient.

c. The party receiving property in a property settlement will have income equivalent to the fair market value of the property received.

d. The party receiving property in a property settlement will have a fair market value basis in the property received.

e. None of the answers provided is correct.