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Q1. For each of the following expenses, enter the correct amount of adjustment to income that should be included in adjusted gross income of the

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Q1. For each of the following expenses, enter the correct amount of adjustment to income that should be included in adjusted gross income of the individual income tax return. Enter all amounts as positive values. Deductible expenses Expenses - $500 Penalty paid to bank on early withdrawal of savings - $20,000 Contribution to a qualified Keogh retirement plan $600 Interest paid on installment purchases of household furniture - $25,000 Alimony paid to former spouse who reports the alimony as taxable income - $700 Insurance premiums paid on life $4,500 Funeral expenses paid - $3,000 Self-employment taxes paid as a result of earnings from consulting business $2,000 Repairs to principal residence $6,000 Contribution to traditional individual retirement account - $6,500 Federal income tax paid with Form 1040 filed on April 15 - $6,000 Capital loss on investment stock sale - $2,400 Self-employed health insurance premiums paid - $1,000 unreimbursed employee business expenses - $2.000 Contribution to a ROTH IRA account - $1,600 Student loan interest paid Q2. In each of the following independent cases, enter the amount of qualified expense, before the adjusted gross income (AGI) limitation. Enter all amounts as positive values. Qualified expenses . Expense items Prescription drugs $450 Eye examinations and eyeglasses $650 Removal of appendix $2,800 Face lift performed by a licensed surgeon $5,000 Repair and maintenance of motorized wheelchair $300 Cost of wigs relating to hair loss resulting from chemotherapy treatments $2,000 Nursing care for a healthy baby $3,200 Foot surgery $1,600 Vitamins for general health $160 LASIK surgery $1,800

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