Question

АС CISC Understanding the US Individual Manual Tax Formula is important as over 150 Million individuals and married couples file tax returns on which they compute their Federal Income Tax Let's test your knowledge of Deductions for Adjusted Gross Income. Which items are Deduction For AGI and which are Deduction From AGI. That's right Only Two Answers you need to know For AGI & From AGI Hint each definition is used only once Fund Spring Contributions to medical savings account Choose 27 Interest on student loans Choose... Jury duty pay remitted to an individual's employer Choose Choose... . Alimony (agreements executed before 2019) 41 Health Insurance costs incurred by a self-employed person Choose Choose ne har settemnment taxes naid 41

Answer 1

1) Contributions to Medical Savings Account - For AGI

2) Interest on Student Loans - For AGI

3) Jury duty permitted to an individual's employer - For AGI

4) Alimony (agreements executed before 2019) - For AGI ( included in recepient's Gross Income. Agreements after 2019 cannot be deducted)

5) Health insurance costs incurred by a self employed person - For AGI

6) one half of self employment tax paid - For AGI