Sade,who is single and self-employed as a graphic artist,had net earnings from self-employment of $7,250 for the year.She paid $285 a month for health insurance premiums over the last year.Sade is entitled to a for AGI deduction for health insurance of:

Question

Quizplus · Accepted Answer

Sade is eligible for a for AGI deduction for health insurance since she is self-employed and paid for her own health insurance premiums. The calculation for the deduction is the total amount of health insurance premiums paid for the year, which is $285/month x 12 months = $3,420. Therefore, the correct answer is C.

Sade,who Is Single and Self-Employed as a Graphic Artist,had Net