Ned (a single taxpayer) paid $10,000 of medical expenses in 2018. His AGI in 2018 was $40,000. His other itemized deductions in 2018 (charitable contributions) were $9,000. Ned is reimbursed $8,000 for these medical expenses in 2019. What amount of the $8,000 refund is taxable in 2019
Answers: 1
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Monetary policy in the united states is carried out primarily by which of the following agencies? a. the department of the treasury b. the small business association c. the federal reserve bank d. the u.s. mint 2b2t
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Which of the following is not a consideration when determining your asset allocation
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Match the given situations to the type of risks that a business may face while taking credit. 1. beta ltd. had taken a loan from a bank for a period of 15 years, but its sales are gradually showing a decline. 2. alpha ltd. has taken a loan for increasing its production and sales, but it has not conducted any research before making this decision. 3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession. 4. delphi ltd. has taken a short-term loan from the bank, but its supply chain logistics are not in place. a. foreign exchange risk b. operational risk c. term of loan risk d. revenue projections risk
Answers: 3
Ned (a single taxpayer) paid $10,000 of medical expenses in 2018. His AGI in 2018 was $40,000. His o...
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