How much of these premiums may jean deduct, Accounting Basics

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How much of these premiums may jean deduct

For calendar year 2008, Jean was a self-employedconsultant with no employees. She had $80,000 net profit fromconsulting and paid $7,000 in medical insurance premiums on apolicy covering 2008. How much of these premiums may Jean deduct asa deduction for AGI, and how much may she deduct as an item izeddeduction?

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Accounting Basics: How much of these premiums may jean deduct

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Accounting Basics: How much of these premiums may jean deduct

Reference No:- TGS0722667

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Recent Questions Asked Accounting Basics

Q : Calculate the book value of the equipment

Q : Compute the mechanical energy lost due to friction

Q : Explain west company assuming that they use the percent

Q : Producing the charge on one of the objects

Q : How much of these premiums may jean deduct

Q : Develop an excel program for handling

Q : Calculate the angle from the vertical

Q : Difference between two means

Q : What total amount will be distributed to the preferred

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: How much of these premiums may jean deduct

Reference No:- TGS0722667

Recent Questions Asked Accounting Basics

Q : Calculate the book value of the equipment

Q : Compute the mechanical energy lost due to friction

Q : Explain west company assuming that they use the percent

Q : Producing the charge on one of the objects

Q : How much of these premiums may jean deduct

Q : Develop an excel program for handling

Q : Calculate the angle from the vertical

Q : Difference between two means

Q : What total amount will be distributed to the preferred

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