Answer:
Assuming Simon’s AGI is $40,000.
Gambling losses are only deductible to the extent of gambling winnings. Thus,Simon cannot deduct any of the $4,300 gambling losses. The $3,160 transportation expenses are also nondeductible as they are deemed to be personal expenses. The $2,650 broker management fees are deductible as investment fees (miscellaneous itemized deductions subject to the 2% AGI floor), and the $1,030 tax return fees are also deductible as miscellaneous itemized deductions subject to the 2% AGI floor.
Thus, $2,650 + $1,030 – (2% x $40,000 AGI) = $2,880 deduction
Answer:
s = $13,014.22
Explanation:
Sample values: $40,632, $35,554, $42,192, $33,432, $69,479 and $43,589
Sample size = 6
The standard deviation of a sample (s) is given by:
Where X is the sample mean, n is the sample size, and xi is each value in the sample.
The sample mean is given by:
The standard deviation is:
Using the formula to calculate the total cost:
Cost = (85% x 3 million) + (60% x 3 million) + (20% x 3 million)
Cost = (0.85 x 3 million) + (0.60 x 3 million) + (0.20 x 3 million)
<span>Cost = (2.55 million) + (1.8 million) + (0.6 million)
Cost = 4.95 millions.</span>
Answer: A negative referral.
Explanation: Veronica has given a negative report of the laptop she bought from local salesperson to her family and friends therefore a negative referral has been given about the salesperson, which would discourage the family and friends from buying things from that local salesperson in the future.
<h2>Find a real estate agent would be the right choice</h2>
Explanation:
The choices purely depend on the buyer. If he is new to buying home, then it is always preferable to go for "finding a real estate agent".
As a new buyer, he / she cannot directly jump onto "shop for mortgage". He/ she need guidance, a sample, an history to select the right one.
And only when you can find a suitable location or place, then only we can go to neighborhoods house and cross verify about our need.
The other option is to go for online listing. But still it will show only list of plots / house for sale and it cannot guide like a human.
