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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 402 Weeks Ago, 5 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Marlene is imprisoned falsely because an auto dealer files a criminal complaint against her. The dealer’s charges were dropped, but Marlene was arrested and detained for about eight hours. She was not hurt or abused during her arrest and detention, but subsequently she saw a psychologist with respect to the emotional distress that she suffered from the incident with the auto dealer. She paid the psychologist $5,000 for the psychologist’s counseling services. Marlene sued the auto dealer for malicious prosecution. She hired an attorney to represent her in her suit against the auto dealer. Ultimately, her attorney receives an award for Marlene of $100,000 from the auto dealer on account of her suit. The settlement agreement specifies that the $100,000 is for Marlene’s general release from any and all claims that she might have against the auto dealer. The attorney withholds $30,000 for an agreed 30% of any damage award that Marlene would receive. The attorney sends Marlene a check for $70,000 for the balance of the award. This is a tax research problem. Is there any code sections or rev ruling available for this case?
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