Clem is married and is a skilled carpenter, Clem's wife. Wanda, works part time as a substitute grade school teacher. Determine the amount of Clem's expenses that are deductible for AGl this year (if any) under the following independent. circumstances: Note: Leave no answer blank. Enter zero if applicable. Problem 6-27 Part-a (Static) a. Clem is self-employed, and this year he incurred $525 in expenses for tools and supplies related to his job. Because neither was covered by a qualified health plan, Clem paid health insurance premiums of $3.600 to provide coverage for himself and Wanda (not throughan exchange). Clem is married and is a skilled carpenter, Clem's wife, Wanda, works part time as a substitute grade school teacher. Determine the amount of Clem's expenses that are deductible for AGI this year (if any) under the following independent. circumstances: Note: Leave no answer blank. Enter zero if applicable. roblem 6-27 Part-b (Static) Clem and Wanda own a garage downtown that they rent to a local business for storage. This year they incurred expenses of $1,250 utilities and $780 in depreciation. Clem is married and is a skilled carpenter, Clem's wife, Wando, works part time as a substitute grade school tencher. Determine the amount of Clem's expenses that are deductible for AGi this year (if any) under the following independent. circumstances: Note: Leave no answer blank. Enter zero if applicable. roblem 6-27 Part-c (Static) Clem paid self-employment tax of $15,300 (the employer portion is $7,650 ), and Wanda had $3,000 of Social Security taxes withheld om her pay: Clem is married and is a skilled carpenter, Clem's wife, Wanda, works part time as a substitute grade school teachee Determine the amount of Clem's expenses that are deductible for AGI this year (if any) under the following independent. circumstances: Note: Leave no answer blank. Enter zero if applicable. roblem 6-27 Part-d (Static) Clem paid $45 to rent a safety deposit box to store his coin collection. Clem has collected coins intermittently since he was a child. nd he expects to sell his collection when he retires
