subject
Business, 15.02.2021 22:00 jfleming733

8. Diego and Katelyn, both age 66, are married and together have AGI of $30,000. They have two dependents and file a joint return. They paid $4,800 for hospitalization insurance. During the year, they paid the following amounts for medical care: $8,000 in doctor and dentist bills and hospital expenses, and $1,500 for prescribed medicine and drugs. In December, they received an insurance reimbursement of $3,700 for hospitalization. Determine the deduction allowable for medical expenses paid during the year.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 00:30
Find the interest rate for a $4000 deposit accumulating to $5234.58, compounded quarterly for 9 years
Answers: 1
question
Business, 22.06.2019 04:00
Consider the market for gasoline. suppose that, in a competitive market without government regulations, the equilibrium price of gasoline is $3.00 per gallon, and employees at gas stations earn $17.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect the government has instituted a legal minimum price of $3.40 per gallon for gasoline. the government prohibits gas stations from selling gasoline for more than $3.40 per gallon. due to new regulations, gas stations that would like to pay better wages in order to hire more workers are prohibited from paying more than $14.50 per hour.
Answers: 2
question
Business, 22.06.2019 19:30
Problem page a medical equipment industry manufactures x-ray machines. the unit cost c (the cost in dollars to make each x-ray machine) depends on the number of machines made. if x machines are made, then the unit cost is given by the function =cx+−0.3x2126x31,935 . how many machines must be made to minimize the unit cost?
Answers: 3
question
Business, 22.06.2019 20:20
Which of the following entries would be made to record the requisition of $12,000 of direct materials and $6,900 of indirect materials? (assume that indirect materials are included in raw materials inventory.) a. manufacturing overhead 18,900 raw materials inventory 18,900 b. wip inventory 12,000 manufacturing overhead 6,900 raw materials inventory 18,900 c. raw materials inventory 18,900 wip inventory 18,900 d. wip inventory 18,900 raw materials inventory 18,900
Answers: 1
You know the right answer?
8. Diego and Katelyn, both age 66, are married and together have AGI of $30,000. They have two depen...
Questions
question
History, 13.11.2019 23:31
question
Computers and Technology, 13.11.2019 23:31
question
History, 13.11.2019 23:31
question
Mathematics, 13.11.2019 23:31
Questions on the website: 13722360