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Required information [The following information applies to the questions displayed below] Clem is married and is a skilled carpenter. Clem's wife. Wanda, works part time

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Required information [The following information applies to the questions displayed below] Clem is married and is a skilled carpenter. Clem's wife. Wanda, works part time as a substitute grade school teacher. Determine the amount of Clem's expenses that are deductible for AGI this year (if any) under the following independent circumstances: Note: Leave no answer blank. Enter zero if applicable. a. Clem is self-employed, and this year he incurred $525 in expenses for tools and supplies related to his job. Because neither was covered by a qualified health plan, Clem paid health insurance premiums of $3,600 to provide coverage for himself and Wanda (not through an exchange). b. Clem and Wanda own a garage downtown that they rent to a local business for storage. This year they incurred expenses of $1,250 in utilities and $780 in depreciation. c. Clem paid self-employment tax of $15.300 (the employer portion is $7.650 ), and Wanda had $3.000 of Social Security taxes withheld from her pay. d. Clem paid $45 to rent a safety deposit box to store his coin collection. Clem has collected coins intermittently since he was a child, and he expects to sell his collection when he retires

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