II. Indicate whether the following item is a dedection ABOVE THE LINE(A), BELOW THE LINE(B) or...

II. Indicate whether the following item is a dedection ABOVE THE LINE(A), BELOW THE LINE(B)
or NOT DEDUCTIBLE(N).

	1	)	UNION DUES
	2	)	UNIFORM
	3	)	TRAVEL
	4	)	STUDENT LOAN INTEREST
	5	)	SEARS CARD INTEREST
	6	)	SALES TAX
	7	)	SAFETY DEPOSIT FEE
	8	)	REVOLVING CARD INTEREST
	9	)	REAL PROPERTY TAXES
	10	)	PROFESSIONAL MAGAZINES
	11	)	PRIVATE HEALTH PLAN FOR SELF EMPLOYED
	12	)	NEW ACCOUNTANT JOB HUNTING EXPENSE
	13	)	MORTGAGE INTEREST
	14	)	LUXURY TAXES
	15	)	IRA
	16	)	HALF SELF EMPLOYMENT TAX
	17	)	FOREIGN TAXES
	18	)	FEDERAL TAXES
	19	)	EYE GLASSES
	20	)	EXCISE TAXES
	21	)	ESTATE TAXES
	22	)	CREDIT CARD INTEREST
	23	)	COUNTRY CLUB DUES
	24	)	COSMETIC SURGERY
	25	)	CONTRIBUTION SALVATION ARMY
	26	)	CHILD SUPPORT
	27	)	CAR ACCIDENT
	28	)	BLUE CONTACT LENSES
	29	)	BANK CHARGES
	30	)	ALIMONY

Expert Solution

1	UNION DUES	Not deductibe
2	UNIFORM	Not deductibe
3	TRAVEL	Above the line deduction
4	STUDENT LOAN INTEREST	Above the line deduction
5	SEARS CARD INTEREST	Below the line deductible
6	SALES TAX	Below the line deduction
7	SAFETY DEPOSIT FEE	Above the line deduction
8	REVOLVING CARD INTEREST	Not deductibe
9	REAL PROPERTY TAXES	Below the line deduction
10	PROFESSIONAL MAGAZINES	Above the line deduction
11	PRIVATE HEALTH PLAN FOR SELF EMPLOYED	Above the line deduction
12	NEW ACCOUNTANT JOB HUNTING EXPENSE	Not deductibe
13	MORTGAGE INTEREST	Above the line deduction
14	LUXURY TAXES	Not deductibe
15	IRA	Above the line deduction
16	HALF SELF EMPLOYMENT TAX	Above the line deduction
17	FOREIGN TAXES	Below the line deduction
18	FEDERAL TAXES	Not deductibe
19	EYE GLASSES	Below the line deduction
20	EXCISE TAXES	Below the line deduction
21	ESTATE TAXES	Below the line deduction
22	CREDIT CARD INTEREST	Not deductibe
23	COUNTRY CLUB DUES	Not deductibe
24	COSMETIC SURGERY	Not deductibe
25	CONTRIBUTION SALVATION ARMY	Below the line deduction
26	CHILD SUPPORT	Not deductibe
27	CAR ACCIDENT	Below the line deduction
28	BLUE CONTACT LENSES	Below the line deduction
29	BANK CHARGES	Below the line deduction
30	ALIMONY	Above the line deduction

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