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Classify the following expenses as either Deductible for AGI, Deductible from AGI, or Not deductible. Payment of alimony (divorce finalized in March 2015) [Choose
Classify the following expenses as either "Deductible for AGI", "Deductible from AGI", or "Not deductible". Payment of alimony (divorce finalized in March 2015) [Choose ] Mortgage interest on residence Federal income tax Property tax on residence Deductible FROM AGI Not deductible Deductible FROM AGI Medical expenses for doctors' visits. Deductible FROM AGI Professional dues for an employee that are [Choose ] not reimbursed by your employer. Net capital loss of $1,000 [Choose ] $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. [Choose ] $5,000 contribution to a ROTH IRA if the [Choose ] taxpayer has AGI of $40,000 and does not have a retirement plan at work. Legal expenses incurred in connection with [Choose ] a rental activity. Health insurance premiums paid by a self- [Choose ] employed taxpayer. Health insurance premiums paid by an [Choose ] employee (not self-employed and not getting health insurance at work)
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