Scott is a self-employed plumber and his wife, Emily, is a full-time employee f...
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Scott is a self-employed plumber and his wife, Emily, is a full-time employee for a university. Emily has health insurance from a qualified plan provided by the university, but Scott has chosen to purchase his own health insurance rather than participate in Emily's plan. Besides paying $5,470 for his health insurance premiums, Scott also pays the following expenses associated with his plumbing business:
| Plumbing tools and supplies | $ 1,370 |
|---|---|
| Rent on Scott's plumbing shop | 6,320 |
| Transportation between Scott's shop and various jobsites | 570 |
| Plumber's uniform | 40 |
| Plumbing truck rental | 7,270 |
| Self-employment tax (half is employer share) | 470 |
What is the amount of deductions for AGI that Scott can claim this year (2026)? Enter as $XX,XXX
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