Question

Gail is a single elementary school teacher. She buys the following items for use in her classroom in 2018:

Construction paper and tissues	$45
Materials for decorating the classroom bulletin boards	$200
Artist's smock used for in-class finger painting	$30
12 Dozen erasers	$15

What amount can Gail deduct either as a for or from AGI deduction in 2018?

a.$250 as a for AGI deduction and $40 as a from AGI deduction

b.$250 as a for AGI deduction and $30 as a from AGI deduction (subject to 2% of AGI)

c.$290 as a for AGI deduction and $0 as a from AGI deduction

d.$250 as a for AGI deduction and $0 as a from AGI deduction

During the current year, Mary paid the following expenses:

Prescription drugs	$490
Aspirin and over the counter cold capsules	$130
Hospital and doctors	$700
Life insurance	$260

What is the total amount of medical expenses (before considering the limitation based on adjusted gross income) that would enter into the calculation of itemized deductions on Mary's current year income tax return?

a.$700

b.$1,580

c.$1,450

d.$1,190

e.None of these choices are correct.

Answer 1

DATE From the desk of I correct answer is (d) $250 as foi AGI deduction e so as a from AlI deduchos Reason: Upho $250 to elementary & secondary school teachess. is allowed. as above line adjustment declenchon per - Educator expenses. 2) Correct answer is (e) None of these choices Reason: Life insuxence is not allowed ces medical expense deduction. So, allowed medical expense Bescruphon drugs. $490 Aspeis $130 Hospital & doctors $70 $ 1320