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Simon lost $8,600 gambling this year on a trip to Las Vegas. In addition, he paid $2,060 to his broker for managing his $206,000 portfolio,
Simon lost $8,600 gambling this year on a trip to Las Vegas. In addition, he paid $2,060 to his broker for managing his $206,000 portfolio, and $1,670 to his accountant for preparing his tax return. In addition, Simon incurred $3,190 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).
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