Brandon lets his thoughts run wild after Peter Raitt, a Pulitzer prize-winning journalist, wants to collaborate with him for a potential sports story. Valerie creates problems between Noah and Donna when she claims that the diamond necklace that Noah gave Donna is fake. As Valerie does David's taxes, she also hooks him up with a filmmaker, Kyle Scott, who wants David to write commercial jingles for him. Kelly assists Chris Myers, a mentally-challenged man who works at the clinic, and tries to get through to his overprotective mother. Steve finds faults with Jill due to her obsessive-compulsive neatness and cultural interests that they don't share.

Kelly and Brandon deal with the aftermath of their decision to not marry that becomes increasingly strained for both of them. Meanwhile, David urges Valerie toward a kinder, gentler demeanor after her HIV test comes back. Valerie encourages David to demand to write a music score for Glen King, David goes along with it... and gets fired for it. Steve has eyes for a new woman in town: an ambitious actress and con artist named Sophie Burns, whom she charms Steve into letting her stay at the Walsh house, but she has eyes for David instead. Also, Donna meddles in Noah's family affairs by insisting they have dinner with his estranged parents. But problems further arise when Noah learns that his father is about to be indicted for income tax evasion as well as questionable business deals.