In: Accounting
Evelyn is single and a self-employed engineer. During 2018, Evelyn’s in-come from her engineering business is $55,000. Evelyn pays $3,100 for her Medi-Cal insurance policy.
a. How should the medical insurance policy payment be reflected on Evelyn’s 2018 return?
b. What is Evelyn’s 2018 self-employment tax deduction?