Discussion Question $6-4($LO$.1)$

Classify each of the following expenditures paid in $2023$ as a deduction for AGI, partially deductible for AGI, a deduction from AGI, partially deductible from AGI, or not deductible. Ignore any percentage or dollar amount limitations$.$

a$.$ Barak contributes to his H$.$R$.10$ plan $($i$.$e$.,$ a retirement plan for a self$-$employed individual$).$

For AGI

b$.$ Keith pays child support to his former wife, Renee, for the support of their son, Chris.

c$.$ Judy pays professional dues that are not reimbursed by her employer.

d$.$ Ted pays $$500$ as the monthly mortgage payment on his personal residence. Of this amount, $$100$ represents a payment on principal and $$400$ represents an interest payment.

e$.$ Oni, a private citizen, pays a moving company for moving her household goods $($a qualified moving expense$)$ to Detroit, where she is starting a new job. She is not reimbursed by her employer.

f$.$ Ralph pays $$6,000$ of property taxes on his personal residence and $$5,000$ of state income taxes.