Your insurance deduction is limited to $1,000 total. So you can deduct either LTC premiums or health insurance premiums but only up to $1000.
Contributions to Roths are limited to earned income up to the contribution limit. If your income is only this $1000 then your Roth contribution is limited to $1000.
SEP contributions are limited to 25% of your self-employment income. So in this case you can contribute $250 to a SEP.
Earned income is money that is earned by you. It does not include money earned by your money or investments (interest or dividends, etc.) or money paid to you for prior service (retirement, social security, etc.). Basically it's money from working.
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