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> Deductions for Self-Employed Taxpayers (LO. 8) Thomas is single and a self-employed architect. During 2020, Thomas's income from his business is $164,000. He

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> Deductions for Self-Employed Taxpayers (LO. 8) Thomas is single and a self-employed architect. During 2020, Thomas's income from his business is $164,000. He also pays $2,140 for a medical insurance policy. a. How should the medical insurance policy payment be reflected on his 2020 tax return? Thomas is the policy. Feedback allowed a deduction for adjusted gross income for the cost of Check My Work The deductions for adjusted gross income that self-employed taxpayers are allowed to take self-employment taxes are designed to provide some measure of equity in the treatment of individuals. b. What is his 2020 self-employment tax deduction? Round intermediate calculations and final answers to the nearest whole dollar. Thomas's self-employment tax is $ in 2020. and his deduction for adjusted gross income is $

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