Question

Sade, who is single and self-employed as a graphic artist, had net earnings from self-employment of $7,250 for the year. she paid $285 a month for health insurance premiums over the last year. sade is entitled to a for agi deduction for health insurance of:

Answer 1

$285 x 12 = $3,420 deductions

I got the 12 from the months in a year that she paid $285.