Scott is a self-employed plumber and his wife,Emily,is a full-time employee for the 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 $5,400 for his health insurance premiums,Scott also pays the following expenses associated with his plumbing business:

$\begin{array}{l}
\begin{array}{lll}
\text {Plumbing tools and supplies}\
\text {Rent on Scott'splumbing shop}\
\text {Transportation between Scott's shop and various job sites}\
\text {Plumber's uniform}\
\text {Plumbing truck rental}\
\text {Self-employment tax ( 1 / 2 is employer share)}\
\end{array}
\begin{array}{lll}
\$ 1,300 \
6,250 \
500 \
50 \
7,200 \
400
\end{array}
\end{array}$

What is the amount of deductions for AGI that Scott can claim this year (2018)?

Question

Scott is a self-employed plumber and his wife,Emily,is a full-time employee for the 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 $5,400 for his health insurance premiums,Scott also pays the following expenses associated with his plumbing business:
 
 $\begin{array}{l}
\begin{array}{lll}
\text {Plumbing tools and supplies}\
\text {Rent on Scott'splumbing shop}\
\text {Transportation between Scott's shop and various job sites}\
\text {Plumber's uniform}\
\text {Plumbing truck rental}\
\text {Self-employment tax ( 1 / 2 is employer share)}\
\end{array}
\begin{array}{lll}
\$ 1,300 \
6,250 \
500 \
50 \
7,200 \
400
\end{array}
\end{array}$

What is the amount of deductions for AGI that Scott can claim this year (2018)?

Quizplus · Accepted Answer

The Answer of Scott is a self-employed plumber and his wife,Emily,is a full-time employee for the 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 $5,400 for his health insurance premiums,Scott also pays the following expenses associated with his plumbing business:
 
 $\begin{array}{l}
\begin{array}{lll}
\text {Plumbing tools and supplies}\
\text {Rent on Scott'splumbing shop}\
\text {Transportation between Scott's shop and various job sites}\
\text {Plumber's uniform}\
\text {Plumbing truck rental}\
\text {Self-employment tax ( 1 / 2 is employer share)}\
\end{array}
\begin{array}{lll}
\$ 1,300 \
6,250 \
500 \
50 \
7,200 \
400
\end{array}
\end{array}$

What is the amount of deductions for AGI that Scott can claim this year (2018)?

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