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What is miscellaneous fees?

Updated: 9/21/2023
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Show me How do you prepare an income statement?

fees earned-950,000 office expense -222,000 miscellaneous expense-16,000 wage expense-478,000


Are fees on IRA funds tax deductible?

Certain IRA administrative fees, whether or not you're currently taking distributions, are deductible, but they have to be paid by the account owner's non-IRA funds. You're right that investment fees paid to produce taxable income are tax-deductible. These expenses are miscellaneous itemized deductions subject to an overall reduction of 2 percent of adjusted gross income. The key to deducting the IRA fees is to cut a check or use a credit card to pay the broker the annual maintenance fees. For example, if your broker charges you $150 for the IRA annually, you need to pay this to the broker from non-IRA assets for it to be deductible. The payment is not considered an additional contribution, but rather a miscellaneous itemized deduction. On the other hand, if your broker charges a 1 percent-of-asset-value fee to invest your IRA, these fees cannot be reimbursed to the IRA. That would be considered an additional contribution as it is not an administrative fee. Since your broker is deducting this from your IRA, this investment charge is not deductible to you as it is coming out of pretax dollars Read more: http://www.bankrate.com/finance/taxes/are-investment-fees-tax-deductible.aspx#ixzz2vrNsfdej Follow us: @Bankrate on Twitter | Bankrate on Facebook


Is withdrawal considered a miscellaneous expense?

no


Miscellaneous expenses in the balance sheet?

Miscellaneous expenses are part of income statement and not part of balance sheet and not shown under balance sheet.


What are miscellaneous expenditure?

car servicing charges

Related questions

What miscellaneous additional lodging costs can you claim reimbursement?

Resort Fees, Late checkout Fees and Office Room used for official business (when authorized)


How does expediacom make its money?

There is a 'fee' in your charges, it comes under 'miscellaneous taxes and fees'. YOU pay them.


What miscellaneous additional lodging cost can you claim as reimbursement?

resort fees, late checkout fees and office room(s) used for official business, when authorized


What happens to your equity in your house after it has been repossesseded and sold?

You get back whatever was left over from the auction after the lender pays the auction fees, lawyers fees, miscellaneous collection fees, and the outstanding balance of the loan.


What are the general admission fees for the university of Michigan?

These fees are all estimations for the 2010-2011 year. If you are state resident of Michigan, then the admission fee would be $11,659 for tuition. Adding on other fees such as room ($5,424), board ($3,500), books and supplies ($1,048), and personal and miscellaneous ($2,090), the total would be $23,721. If you are an out of state resident, then the admission fee would be $34,937 for tuition. Other fees such as room, board, books and supplies, and personal and miscellaneous are the same. The total would then be $46,999. Both of these fees are if the student is in the lower division which is normally a freshman or sophomore. If the student is in the upper division which is normally a junior or senior the prices would be: If you are state resident of Michigan, then the admission fee would be $13,141for tuition. Other fees such as room, board, books and supplies, and personal and miscellaneous are the same. The total would then be $25,203. If you are an out of state resident, then the admission fee would be $37,389 for tuition. Other fees such as room, board, books and supplies, and personal and miscellaneous are the same. The total would then be $49,451.


Show me How do you prepare an income statement?

fees earned-950,000 office expense -222,000 miscellaneous expense-16,000 wage expense-478,000


Which is better mezzanine or miscellaneous?

miscellaneous


What is miscellaneous income?

miscellaneous income


How much is tuition each semester at holy name university tagbilaran for BS nursing?

The tuition fee for all colleges is depending on the units you are taking plus the miscellaneous fees.


What is the abbreviation of miscellaneous?

misc.is the abbreviation for miscellaneous.


What part of speech is miscellaneous?

Miscellaneous is an adjective.


What is miscellaneous insurance?

What is meant by Miscellaneous Insurance? State and explain the different forms of miscellaneous insurances.