Melinda has a law practice and earns $322,000 which she reports on her schedule. Moocher husband works part-time at Wall-Mart and earns $8,300; he is 67 years old. Their daughter, Melissa is 29 years old; she is a graduate student, but not a dependent. Moa and Mindy pay the following:

Health insurance for moa and Mindy - $6,100 dental insurance for moa and Mindy - $525 vision care insurance for moa and Mindy - $425 health insurance for Melissa - $1,620 long-term care insurance for moa - $1,480

How much may moa and Mindy claim on their tax return as a self-employed health insurance deduction?

Answer rating: 100% (QA)

Calculation of AGI MELINDAS earning 322000 Add Moes earning 8300 AGI 330300 LE... View the full answer