Business, 23.11.2019 00:31 romanbattistelli23
Richard, age 50, is employed as an actuary. for calendar year 2019, he had agi of $130,000 and paid the following medical expenses:
medical insurance premiums $5,300
doctor and dentist bills for derrick and jane (richard's parents) 7,900
doctor and dentist bills for richard 5,100
prescribed medicines for richard 830
nonprescribed insulin for richard 960
derrick and jane would qualify as richard's dependents except that they file a joint return. richard's medical insurance policy does not cover them. richard filed a claim for $4,800 of his own expenses with his insurance company in november 2019 and received the reimbursement in january 2020. what is richard's maximum allowable medical expense deduction for 2018?
a. $0
b. $7,090
c. $10,340
d. $20,090
e. none of the above
Answers: 3
Other questions on the subject: Business
Business, 22.06.2019 09:30, linnybear300
Any point on a country's production possibilities frontier represents a combination of two goods that an economy:
Answers: 3
Business, 22.06.2019 15:10, emilypzamora11
On december 31, 2013, coronado company issues 173,000 stock-appreciation rights to its officers entitling them to receive cash for the difference between the market price of its stock and a pre-established price of $10. the fair value of the sars is estimated to be $5 per sar on december 31, 2014; $2 on december 31, 2015; $10 on december 31, 2016; and $8 on december 31, 2017. the service period is 4 years, and the exercise period is 7 years. prepare a schedule that shows the amount of compensation expense allocable to each year affected by the stock-appreciation rights plan.
Answers: 2
Business, 22.06.2019 17:30, Jermlew
Google started as one of many internet search engines, amazon started as an online book seller, and ebay began as a site where people could sell used personal items in auctions. these firms have grown to be so large and dominant that they are facing antitrust scrutiny from competition regulators in the us and elsewhere. did these online giants grow by fairly beating competition, or did they use unfair advantages? are there any clouds on the horizon for these firms -- could they face diseconomies of scale or diseconomies of scope as they continue to grow? if so, what factors may limit their continued growth?
Answers: 1
Business, 22.06.2019 17:30, gabedafame26
Palmer frosted flakes company offers its customers a pottery cereal bowl if they send in 3 boxtops from palmer frosted flakes boxes and $1. the company estimates that 60% of the boxtops will be redeemed. in 2012, the company sold 675,000 boxes of frosted flakes and customers redeemed 330,000 boxtops receiving 110,000 bowls. if the bowls cost palmer company $3 each, how much liability for outstanding premiums should be recorded at the end of 2012?
Answers: 2
You know the right answer?
Richard, age 50, is employed as an actuary. for calendar year 2019, he had agi of $130,000 and paid...
Questions in other subjects:
Mathematics, 23.06.2019 17:30
History, 23.06.2019 17:30
Mathematics, 23.06.2019 17:30
History, 23.06.2019 17:30
