Question: Evelyn is single and a self-employed engineer. During 2011, Evelyns income from her engineering business is $55,000. Evelyn pays $3,100 for her medical insurance policy.
Evelyn is single and a self-employed engineer. During 2011, Evelyn’s income from her engineering business is $55,000. Evelyn pays $3,100 for her medical insurance policy.
a. How should the medical insurance policy payment be reflected on Evelyn’s 2011 return?
b. What is Evelyn’s 2011 self-employment tax deduction?
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