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Business, 09.07.2020 04:01 griffinadrianne946
Serena is a 38-year-old single taxpayer. She operates a small business on the side as a sole proprietorship. Her 2019 Schedule C reports net profits of $15,624. Her employer does not offer health insurance. Serena pays health insurance premiums of $7,545 in 2019. Serena also pays long-term care insurance premiums of $600 in 2019.
Required:
Calculate Serena's self-employed health care deduction.
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Serena is a 38-year-old single taxpayer. She operates a small business on the side as a sole proprie...
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