Thanks for your response. So, if I made, say $1000 for example, I understand I can deduct $1000 of my Long-term care insurance bill. Can I deduct $1000 of my health insurance bill also?
This is related. I think. I can contribute the same amount of what I grossed or netted in 2024 to a Roth? If so, can I contribute a similar amount to my SEP? And lastly, what is earned income?
This is the last year I will have this business. Thanks so much for your response.
