Bob brain files a single tax return and decides to itemize his deductions. bob's income for the year consists of $74,400 of salary, $3,300 long-term capital gain, and $2,300 interest income. bob's expenses for the year consist of $860 in investment advice fees and $170 in tax return preparation fees. what is bob's investment expense deduction?

Roberto and reagan are both 25 percent owner/managers for bright light inc. roberto runs the retail store in sacramento, ca, and reagan runs the retail store in san francisco, ca. bright light inc. generated a $125,000 profit companywide made up of a $75,000 profit from the sacramento store, a ($25,000) loss from the san francisco store, and a combined $75,000 profit from the remaining stores. if bright light inc. is an s corporation, how much income will be allocated to roberto?