Arnold operates a sole proprietorship from his home, and he…

Arnold operates a sole proprietorship from his home, and he satisfies the requirements to claim a home office expense deduction. His business gross income for the current year totals $22,000. Direct business expenses not associated with his home office total $20,500. If allocated expenses associated with the home office total $2,750, Arnold may deduct 100% of these expenses.  

Nina, age 61, has been very ill this year and has a signific…

Nina, age 61, has been very ill this year and has a significant amount of medical expenses, as listed below. Nina’s AGI is $20,000. What is the amount of her deduction for medical expenses? $1,200 in prescription drug costs $2,000 in doctor’s bills not reimbursed by Nina’s insurance $800 in travel expenses to see a specialist in another state $2,000 in health insurance premiums