Question: Which item(s) below is/are an example(s) of a Deduction For Adjusted Gross Income? i. Educator expenses up to $250 ii. Individual retirement account (IRA) contributions

Which item(s) below is/are an example(s) of a Deduction For Adjusted Gross Income? i. Educator expenses up to $250 ii. Individual retirement account (IRA) contributions (within limits) iii. Itemized deductions

Which of the following individuals likely would NOT have to make quarterly estimated payments?

	a.	An individual whose only income is salary and wages.
	b.	An individual with a large stock and bond portfolio.
	c.	A self-employed individual with net income under $38,700.
	d.	A child with $50,000 of trust income.

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