Determine which ones are deductible for agi


Amos, a single individual with a salary of $50,000, incurred and paid the following expenses during the year:
Medical expenses: $5,000
Alimony: $14,000
Casualty loss (after $100 floor): $1,000
State income taxes: $4,000
Moving expenses: $1,500
Contribution to a traditional IRA: $2,000
Student loan interest: $1,200


Analyze the above expenses and determine which ones are deductible for AGI.

 

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Accounting Basics: Determine which ones are deductible for agi
Reference No:- TGS084475

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