1-are selling and administrative expenses of a business deducted before or after gross income?

2-An elderly woman gives stocks and bonds to her son for management and safekeeping. Shekeeps the stocks and bonds in her own name. He is to manage the portfolio at his choosing. Towhom are the dividends and capital gains taxable at year-end?

3- Under what conditions are alimony payments from divorces included in the recipients grossincome?

4- Explain the tax status of child support payments?

5-All of the following would beexcludedfrom income as a qualified scholarship by anindividual who is a candidate for a degree at a qualified educational institution, except:

a. Tuition

b. Student fees

c. Course books

d. Room and board

6- on January 1, 2015, John made a loan of $6,000 to his neighbor. The loan was evidenced bya written promise to repay the principal within three years and was to bear interest at a rate of 6%per annum. Johns neighbor paid interest for the first year only and then his financial conditiondeteriorated. In 2016, John learned that he would only be able to recover $3,000 of the loan. The laon was not made in the cours of john's business.May jhon deduct $ 3,000 of the loan on his tax return?