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For each of the following scenarios, indicate whether the expenditure is: For AGI deduction, From AGI deduction, or Not deductible. Ignore any limitations or thresholds

For each of the following scenarios, indicate whether the expenditure is: "For AGI deduction", "From AGI deduction", or "Not deductible". Ignore any limitations or thresholds that may apply.

A.

For AGI deduction

B.

From AGI deduction

C.

Not deductible

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Jaylen owns a small business. In 2021, he incurred $15,000 of ordinary and necessary expenditures to operate the business.

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Joyce spent $3,500 on insulin prescribed by her doctor.

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Ashley spent $1,500 on repairs to the bathroom of the rental house he owned.

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Marissa gave $800 to a homeless person.

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Stuart paid $1,900 in interest on his student loan. The loan was used to pay for his tuition at the University of Tennessee.

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