Which of the Following Is NOT a Cost to Sell

question 25

Multiple Choice

Which of the following is NOT a cost to sell?

• A) commissions to brokers
• B) transfer taxes and duties
• C) levies by regulatory agencies
• D) transport costs to get assets to a market

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Definitions:

HSA

A Health Savings Account, a tax-advantaged account used to save for medical expenses.

Health Insurance Premiums

The amounts paid for health insurance coverage, which may be tax-deductible under certain conditions.

AGI Deduction

Adjustments made to gross income for purposes of calculating taxable income.

Pre-Move House Hunting

Expenses incurred while searching for a new residence before relocating, which can sometimes be deductible for tax purposes.