Question: During 2 0 2 3 , John ( age 5 3 ) was self - employed with a net income of $ 5 0 ,

During 2023, John (age 53) was self-employed with a net income of $50,000. Which of the following can he deduct as an adjustment to income?
Up to 75% of his self-employed health insurance premiums
Up to $6,500 contribution to his traditional IRA
Up to 75% of his self-employment taxes
Up to $7,500 contribution to his traditional IRA

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