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Lyrx [107]
3 years ago
7

Hector is a married, self-employed taxpayer, and this year he paid $3,000 for his health insurance premiums (not through an exch

ange). Under which of the following alternative conditions can Hector deduct the cost of the premiums for AGI?a. Hector chose not to participate in the employer-sponsored plan of his spouse.
b. Hector's spouse participates in an employer-sponsored plan but Hector is not eligible to participate in this plan.
c. Neither Hector nor his spouse participates in an employer-sponsored plan although both are eligible to participate in a plan.
d. Hector can deduct the health insurance premiums regardless of the insurance status of his spouse.
e. None of the choices - health insurance premiums can only be deducted as an itemized deduction.
Business
1 answer:
Korvikt [17]3 years ago
7 0

Answer:

The answer to this question is option  B. Hector's spouse participates in an employer-sponsored plan but Hector is not eligible to participate in this plan.

Explanation:

Hector can deduct the cost of the premium for AGI if Hector's spouse participates in an employer-sponsored plan but Hector is not eligible to participate in this plan.

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which career field is likely to experience growth in salary in the next few years below the annual median? education, hospitalit
ryzh [129]

The government is the career field that is likely to experience growth in salary in the next few years below the annual median.

<h3>What is a government?</h3>

This refers to the system of governing an organized community, generally a state. In the case of its broad associative, the government normally consists of legislature, executive, and judiciary.

The other terms for government are executive, regime, authority, powers that be, directorate, council, leadership, management. cabinet, ministry. rule, term of office, incumbency.

Hence, the government is the career field that is likely to experience growth in salary in the next few years below the annual median.

Therefore, the Option C is correct.

Read more about government career

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3 0
1 year ago
Suppose that a country has no public debt in year 1 but experiences a budget deficit of $20 billion in year 2, a budget deficit
klemol [59]

Answer:

1) this country's public debt = $42 billion

2) incomplete question

Explanation:

A budget deficit is the difference between a country's income and its expenditures, a deficit occurs when expenditures are larger than revenues. The public debt would be the accumulation of all the country's budget deficits or surpluses.

public debt = -$20 - $30 + $10 - $2 = -$42 billion

6 0
3 years ago
wo firms, A and B, each currently emit 100 tons of chemicals into the air. The government has decided to reduce the pollution an
almond37 [142]

Answer:

Firm A will buy all of the firm B's pollution permits. Each one will cost between $100 and $200.

Explanation:

The firm B will gain from the trade of pollution permits. Firm A will need higher pollution permits since it emits 100 tons of chemicals into air and the cost for eliminating each ton is $200. This cost is higher than the cost to Firm B which is $100 only. Firm A will buy all the pollution permits from Firm B and there will advantage for the Firm B to gain from the trade.

3 0
3 years ago
9.
svp [43]
A. By eliminating the effects of price increases on GDP growth. Nominal GDP is calculated using the current prices while Real GDP is adjusted for inflation.
4 0
3 years ago
Read 2 more answers
An economy begins in long-run equilibrium, and then a change in government regulations makes holding money less attractive. a. (
deff fn [24]

Answer: Demand Curve shifts left

Explanation:

Money is now less attractive to hold so people will demand less of it. This will cause the demand curve in the monetary market therefore to shift to the left.

Shifts in the demand curve for money are usually caused when a non-interest determinant of demand changes such as a decrease in income.

7 0
2 years ago
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