Question: Evelyn is single and a self-employed engineer. During 2016, Evelyn's 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 2016, 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 2016 tax return?
b. What is Evelyn's 2016 self-employment tax deduction?
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a Evelyn is allowed a deduction for adjusted gross income for the cost ... View full answer
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