Note: Provide explanation for correct and incorrect options.

Smithers is a self$-$employed individual who earns $$31,000$ per year in self$-$employment income. Smithers pays $$2\mathrm{.}000$ in

annual health insurance premiums $($not through an exchange$)$ for his own medical care. In each of the following situations,

determine the amount of the deductible health insurance premium for Smithers before any AGI deduction and where the

premiums are deductible.

a$.$ Smithers is single and the self$-$employment income is his only source of income.

$1.$ Deductible as a for AGI deduction only

$2.$ Deductible as an itemized deduction only

$3.$ Deductible as eithr a for AGI deduction or itemized deduction

$4.$ Not deductible