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Assignment help 471

Simon lost $5,000 gambling this year on a trip to Las Vegas. In addition,he paid $2,000 to his broker for managing his $200,000 portfolio and $1,500 to his accountant for preparing his tax return. In addition, Simon incurred $2,500 in transportation costs commuting back and forth from his home to his employer’s office, which were not reimbursed. Calculate the amount of these expenses that Simon is able to deduct, assuming he itemizes his deductions, in each of the following situations: (Leave no cells blank – be certain to enter “0” wherever required. Omit the “$” sign in your response.)


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