. A taxpayer performs consulting services for which the fee is $20,000. She requests that...

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. A taxpayer performs consulting services for which the fee is $20,000. She requests that the client pay $5,000 to her nephew and $15,000 to her. How much income must she pay tax on and why? . The taxpayer above also owns shares in a biotech company. Two days prior to the ex-dividend date she gifts the shares to her best friend who she graduated college with 15 years ago. Who is taxed on thedividend? |

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