Carole, age 38, is single and works as a physical therapist. She is covered by her employer's retirement plan, and contributes $5,500 to her conventional IRA. If her AGI is $63,000, how much IRA contribution can she deduct for tax purpose?

Derek and Cynthia are married and together have AGI of $100,000 in Year 1.They pay $3,000 for health insurance premiums in Year 1.During the year, they paid the following amounts for medical care: $6,900 in doctor and dentist bills and hospital expenses, and $2,300 for prescription medicine and drugs.In November of Year 1, they received an insurance reimbursement of $2,500 for these expenses.Determine the maximum deduction allowable for medical expenses in Year 1.

Mark has a great idea for business and investigates his idea. He spends $2,000 for a market survey and $2,200 for a feasibility study. After the investigation, he proceeds to establish the business in Year 1. He also has start-up expenses of $1,500 for pre-opening advertising. The business starts to operate on July 1, Year 1. Can much investigation and start-up expense can he deduct in Year 1?