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Sheldon is a self-employed plumber and his wife, Emily, is a full-time employee for the University. Emily has health insurance from a qualified plan provided
Sheldon is a self-employed plumber and his wife, Emily, is a full-time employee for the University. Emily has health insurance from a qualified plan provided by the University, but Sheldon has chosen to purchase his own health insurance rather than participate in Emily's plan. Besides paying $5,400 for his health insurance premiums, Sheldon also pays the following expenses associated with his plumbing business Plumbing tools and supplies Rent on Scott's plumbing shop Transportation between Scott's shop and various job sites Plumber's uniform Plumbing truck rental Self employment tax (1/2 is employer share) $1,300 6,250 500 50 7,200 400 What is the amount of deductions for AGI that Sheldon can claim this year (2018)
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