Question: Problem 6-46 (LO 6-2) Simon lost $7,950 gambling this year on a trip to Las Vegas. In addition, he paid $2,040 to his broker for

 Problem 6-46 (LO 6-2) Simon lost $7,950 gambling this year on

Problem 6-46 (LO 6-2) Simon lost $7,950 gambling this year on a trip to Las Vegas. In addition, he paid $2,040 to his broker for managing his $204,000 portfolio, and $1,765 to his accountant for preparing his tax return. In addition, Simon incurred $3,030 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). Deductible amount Problem 6-46 (LO 6-2) Simon lost $7,950 gambling this year on a trip to Las Vegas. In addition, he paid $2,040 to his broker for managing his $204,000 portfolio, and $1,765 to his accountant for preparing his tax return. In addition, Simon incurred $3,030 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). Deductible amount

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