Ned is a head of household with a dependent son, Todd, who is a full-time student. This year Ned made the following expenditures related to Todd's support: Auto insurance premiums $ 1,700 Room and board at Todd’s school 2,200 Health insurance premiums (not through an exchange) 600 Travel (to and from school) 350 What amount can Ned include in his itemized deductions?
Ned is a head of household with a dependent son, Todd, who is a full-time student. This year Ned made the following expenditures related to Todd's support: Auto insurance premiums $ 1,700 Room and board at Todd’s school 2,200 Health insurance premiums (not through an exchange) 600 Travel (to and from school) 350 What amount can Ned include in his itemized deductions?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Ned is a head of household with a dependent son, Todd, who is a full-time student. This year Ned made the following expenditures related to Todd's support:
| Auto insurance premiums | $ 1,700 |
|---|---|
| Room and board at Todd’s school | 2,200 |
| Health insurance premiums (not through an exchange) | 600 |
| Travel (to and from school) | 350 |
What amount can Ned include in his itemized deductions?
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