Scott is a self-employed plumber and his wife, Emily, is a full-time employee for a university. Emily has health insurance from a qualified plan provided by the university, but Scott has chosen to purchase his own health insurance rather than participate in Emily's plan. Besides paying $5,550 for his health insurance premiums, Scott also pays the following expenses associated with his plumbing business:
What is the amount of deductions for AGI that Scott can claim this year (2020)?

Question

Scott is a self-employed plumber and his wife, Emily, is a full-time employee for a university. Emily has health insurance from a qualified plan provided by the university, but Scott has chosen to purchase his own health insurance rather than participate in Emily's plan. Besides paying $5,550 for his health insurance premiums, Scott also pays the following expenses associated with his plumbing business:
  What is the amount of deductions for AGI that Scott can claim this year (2020)?

Quizplus · Accepted Answer

The Answer of Scott is a self-employed plumber and his wife, Emily, is a full-time employee for a university. Emily has health insurance from a qualified plan provided by the university, but Scott has chosen to purchase his own health insurance rather than participate in Emily's plan. Besides paying $5,550 for his health insurance premiums, Scott also pays the following expenses associated with his plumbing business:
  What is the amount of deductions for AGI that Scott can claim this year (2020)?

Scott Is a Self-Employed Plumber and His Wife, Emily, Is