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1. Your child, Bobby, needed emergency surgery on his tonsils. You had medical insurance that resulted in you paying $4,500 out of pocket. If your
1. Your child, Bobby, needed emergency surgery on his tonsils. You had medical insurance that resulted in you paying $4,500 out of pocket. If your adjusted gross income was $65,000, how much can you deduct in the Schedule A form?
$25
$0
$6,500
$1,500
2.
Which is NOT an adjustment for AGI from Gross Income?
Medical expenses
Student loan deduction
Contributions to Health Savings Accounts
One-half of self-employment tax
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