Simon lost $9,950 gambling this year on a trip to Las Vegas. In addition, he paid $2,170 to his broker for managing his $217,000 portfolio and $1,495 to his accountant for preparing his tax return. In addition, Simon incurred $3,290 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

a. Simon's AGI is $40,000

Deductible amount?

b. Simon's AGI is $200,000.

Deductible amount?

Evan graduated from college, and took a job as a deliveryman in the city. Evan was paid a salary of $68,500 and he received $700 in hourly pay for part-time work over the weekends. Evan summarized his expenses below.

Cost of moving his possessions to the city (125 miles) $1,200

Interest paid on accumulated student loans 2,800

Cost of purchasing delivery uniform 1,400

Contribution to State University delivery man program 1,300

Calculate Evan's AGI and taxable income if he files single with one personal exemption. Assume that interest payments were initially required on Evans student loans this year.

Evan's AGI ?

Taxable Income ?