Juanita blankets at a hobby and sells them. In the current year, the earns $5, 000 from her blanket sales and incurs expenses of $600 Juanita does not itemize deductions. On her tax return, she should report $5, 000 of hobby income and deduct $500 of hobby expenses from AGI. report $5.000 of hobby income and deduct $400 of hobby expenses for AGI. report $5.000 of hobby income and deduct nothing from AGI report no hobby income and no hobby deductions Al is single, age 60. and has grass income of $140, 000. His deductible expenses are as What is Al's AGI? $94, 100. $103, 000. $107, 000. $127, 000 None of the above. All of the following payments for medical items are deductible with the exception of the payment for insulin. general appointment for teeth cleaning. acupuncture for specific medical purposes nonprescription medicine for treatment of a specific medical condition