Phil age$30,$ is married and files a joint return with his spouse. On February$15,$

$2025,$ Phil establishes a traditional Individual Retirement Account$($IRA$)$ for himself and a spousal IRA for his spouse with and $$14,000$

$$contribution$,$ $$7,000$ for himself and $$7,000$ for his wife. Phil's spouse earned $$4,000$ in $2024$ from a$$ part$-$time job, and their combined adjusted gross income $($AGI$)$ is $$90,000.$ Neither Phil nor his spouse is an active participant in an$$ employer$-$sponsored retirement plan. Read the requirements. LOADING...

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Part $1$

Requirement a$.$ What amount of the contribution is$$ deductible? $($Enter a$"0"$ if none of the contribution is$$ deductible.$)$

The deductible contribution amount $=$

$$quirement

For each of the following independent$$ situations, determine whether any of the expenditures qualify as deductible education expenses in connection with a trade or business$($Reg$.$ Sec.$1\mathrm{.}162-5).$ Are the expenditures classified as for AGI or from AGI$$ deductions? $($If an expense is not$$ deductible, enter$"$n$/$a$"$ in the for AGI or from AGI$$ column.$)$

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Part $1$

Deductible in $2024$

For AGI or from AGI?

a$.$ Law school tuition and books for a self$-$employed individual who works in the income tax business and is pursuing a law degree: $$8,000.$

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b$.$ Continuing professional accounting education expenses of $$1,900$ for a self$-$employed CPA: travel, $$1,000($including $$200$ meals$)$; registration fees, $$800$; books, $$100.$

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c$.$ MBA education expenses for a self$-$employed individual totaling $$25,000$: tuition, $$23,000$; transportation, $$800$; and books, $$1,200.$

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d$.$ Bar review courses for a recent law school graduate: $$3,000.$