Required information Skip to question [The following information applies to the questions displayed below.] In each of the following independent cases, indicate the amount deductible
Required information
Skip to question
[The following information applies to the questions displayed below.]
In each of the following independent cases, indicate the amount
- deductible for AGI,
- deductible from AGI, and
- deductible neither for nor from AGI before considering income limitations or the standard deduction.
Note: Leave no answer blank. Enter zero if applicable.
a. Ted paid $88 rent on a safety deposit box at the bank. In this box he kept the few shares of stock that he owned.
b. Tyler paid $108 for minor repairs to the fence at a rental house he owned.
c. Timmy paid $655 for health insurance premiums this year (not through an exchange and not with pretax dollars). Timmy is employed full time and his employer paid the remaining premiums as a qualified fringe benefit.
d. Tess paid $1,920 of state income taxes on her consulting income.
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