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 Char500 Form 2012

2012-2025 Form

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Instructions and help about Char500 Form

hello and welcome to session 12 of the basic tax course we're going to begin session 12 with a review of the session 11 quiz answer key beginning with question number two and of course with the session 11 quiz we're revisiting a little bit some of the complexity we saw in the session 10 quiz because we're looking at some C calculations that go into completion of schedule a and the figuring of deductions that have adjusted gross income and other limitations and the first of these that we're going to take a look at is question number two deductible miscellaneous expenses subject to the 2% of AGI limit could include broker's commission paid in connection with your investment property well that's actually listed as a non-deductible expense in Pub 17 broker's commissions can be added to the cost basis of property so that when you sell property uh The Brokerage commission that you pay is going to have a negative effect on your gain and

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