Income Tax Fundamentals 2020
38th Edition
ISBN: 9780357391129
Author: WHITTENBURG
Publisher: Cengage
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Chapter 5, Problem 3MCQ
To determine
Concept Introduction:
Self-employed health insurance deduction is available for self-employed taxpayers. This deduction covers the following insurance expenses:
- Medical and dental insurance of self-employed taxpayer, spouse, and dependents;
- Medical and dental insurance of children of the self-employed taxpayer below the age of 27 years;
- Medicare premiums;
- Long-term care insurance paid for the taxpayer and the family of the taxpayer.
To choose:The insurance not deductible as self-employed health insurance.
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Chapter 5 Solutions
Income Tax Fundamentals 2020
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