Business, 15.07.2020 01:01 alannaamarriee
Simpson is a single individual who is employed full-time by Duff Corporation. This year Simpson reports AGI of $55,600 and has incurred the following medical expenses:
Dentist charges$1,490
Physician's charges 2,600
Optical charges 750
Cost of eyeglasses 435
Hospital charges 4,450
Prescription drugs 485
Over-the-counter drugs 815
Medical insurance premiums (not through an exchange) 1,085
a.
Calculate the amount of medical expenses that will be included with Simpson's itemized deductions after any applicable limitations.
b.
Suppose that Simpson was reimbursed for $730 of the physician's charges and $1,610 for the hospital costs. Calculate the amount of medical expenses that will be included with Simpson
Answers: 3
Business, 21.06.2019 19:20
Anderson, a computer engineer, and spouse, who is unemployed, provide more than half of the support for their child, age 23, who is a full-time student and who earns $7,000. they also provide more than half of the support for their older child, age 33, who earns $2,000 during the year. how many dependents may the andersons claim on their joint tax return?
Answers: 3
Business, 22.06.2019 11:00
Down under products, ltd., of australia has budgeted sales of its popular boomerang for the next four months as follows: unit salesapril 74,000may 85,000june 114,000july 92,000the company is now in the process of preparing a production budget for the second quarter. past experience has shown that end-of-month inventory levels must equal 10% of the following month’s unit sales. the inventory at the end of march was 7,400 units.required: prepare a production budget by month and in total, for the second quarter.
Answers: 3
Business, 22.06.2019 19:00
In 1975, mcdonald’s introduced its egg mcmuffin breakfast sandwich, which remains popular and profitable today. this longevity illustrates the idea of:
Answers: 1
Simpson is a single individual who is employed full-time by Duff Corporation. This year Simpson repo...
History, 03.08.2019 05:00
History, 03.08.2019 05:00
Social Studies, 03.08.2019 05:00
Mathematics, 03.08.2019 05:00
Mathematics, 03.08.2019 05:00
Physics, 03.08.2019 05:00