Adjustments to Income

Enter here any adjustments you can make to your 2007 estimated income, including:

  • Deductible IRA Contribution

  • Student Loan Interest

  • unreimbursed expenses as a K-12 classroom educator (up to $250 per educator)

  • medical savings account deduction

  • health savings account deduction

  • unreimbursed moving expenses related to your work

  • 100% of health insurance premiums paid for 2007, if self-employed and neither you nor your spouse (if married) are eligible to participate in an employer sponsored health plan.

  • contributions to self-employed Keogh, SEP, SIMPLE, and qualified plans

  • penalty on early withdrawal of savings

  • alimony paid

  • jury duty pay turned over to your employer

  • qualified performing arts-related expenses

  • forestation or reforestation amortization

  • repayment of sub-pay under Trade Act of 1974

  • contributions to Section 501(c)(18) plan

  • deduction for clean-fuel vehicles

  • expenses from rental of personal property

  • expenses of fee-based official

  • chaplain's contribution to 403(b) plan