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Determine which ones are deductible for agi

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Reference no: EM131146419

Rick, a single individual with a salary of $45,000, incurred and paid the following expenses during the year:

Student loan interest: ............ $800

Medical expenses: ............. $5,000

Alimony: ................ $11,000

Mortgage interest on personal residence: ..... $3,000

State income taxes: ............. $4,000

Moving expenses: .............. $1,500

Contribution to a traditional IRA: ....... $2,000

Analyze the above expenses, and determine which ones are deductible for AGI. Please support your position.

Reference no: EM131146419

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