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Classify the following expenses as either Deductible for AGI, Deductible from AGI, or Not deductible. Net capital loss of $1,000 5,000 Contribution to a traditional

Classify the following expenses as either "Deductible for AGI", "Deductible from AGI", or "Not deductible".

  1. Net capital loss of $1,000
  2. 5,000 Contribution to a traditional IRA if the taxpayer has AGI of $450,000 and does not have a retirement plan at their job.
  3. $5,000 contribution to a ROTH IRA if the taxpayer has AGI of $40,000 and does not have a retirement plan at work.
  4. Health insurance premiums paid by an employee (not self-employed and not getting health insurance at work)
  5. Contribution to a health savings account for a self-employed taxpayer

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