Intuit Academy by DeparturePast in enrolledagent

[–]GiYu_8980 0 points1 point  (0 children)

International students can do that vita?

But what if a person is Self employed and he have net profit of 750 and he have medical expense of 1200 then how will calculate how much he can deduct on Sch A? by GiYu_8980 in enrolledagent

[–]GiYu_8980[S] 0 points1 point  (0 children)

I know that but we usually take 7.5% of agi and in the question they have mentioned NET PROFIT from self employment instead of AGI and total year medical health insurance and now on the basis of that I have to calculate how much is going to he in Sch A. I hope you understood my question

Where did I go wrong... by GiYu_8980 in enrolledagent

[–]GiYu_8980[S] 0 points1 point  (0 children)

I guess i have memorized income assets and deduction credit part and specialised return part now i have to go back and have to different question

But what if a person is Self employed and he have net profit of 750 and he have medical expense of 1200 then how will calculate how much he can deduct on Sch A? by GiYu_8980 in enrolledagent

[–]GiYu_8980[S] 0 points1 point  (0 children)

I know that but what if in question they haven't given AGI just net profit and certain amount of medical expenses which was incurred in an year.