Sacha, a dentist, has significant investment assets. She holds corporate bonds, municipal bonds, stocks and mutual funds. Sacha
paid $1,500 to an investment adviser to conduct a portfolio review and to prepare a recommendation for rebalancing her portfolio. Which of the following statements is correct regarding the tax treatment of the $1,500 fee?A) Sacha can include the full fee as an investment-related expense in her miscellaneous itemized deductions.B) Sacha can include the full fee as an investment-related expense in her "for AGI" deductions.C) Part of the $1,500 fee will be disallowed due to the holding of the municipal bonds.D) The $1,500 fee is not deductible.
C) Part of the $1,500 fee will be disallowed due to the holding of the municipal bonds
Explanation:
the investment-related expenses are deductible as the miscellaneous itemized deductions. in the case the tax-exemp securities are help, the proportionate investment-related expenses are allocated to these securities and the are not allowed since the income is tax-exempt.
The statement that increments total by the value associated with amount i.e add the value associated with amount to that associated with total and assign the result to total is:
When you use an indicator like a return over something else (in this case over the investment) the demand is around having a margin over a quantity, so the indicator in this case could be operational margin or net margin but all of the over the sales.
