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Choose the correct statement. Passive losses

a.If unused, are lost forever.

b.May be used to offset portfolio income.

c.May not be used to offset passive income.

d.Often result from the rental of real estate.

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Ellen supports her family as a self-employed attorney. She reports $90,000 of income on her Schedule C and pays $8,000 for health insurance for her family, $2,500 for dental insurance, $4,000 for health insurance for her 23-year-old daughter who is no longer a dependent, and $3,000 for disability insurance for herself. What is Ellen's self-employed health insurance deduction?

a.$8,000

b.$13,500

c.$12,000

d.$14,500

e.$10,500

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