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Salsk061 [2.6K]
3 years ago
11

Lloyd is chronically-ill and received tax-qualified long-term care insurance benefits in 2018 amounting to $8,000 to cover a 30-

day nursing home stay. What amount, if any, must he include in income if actual nursing home costs for the 30 days amounted to $7,500 and the applicable per dier limitation was $360?
A) $0
B) $500
C) $7,500
D) $8,000
Business
1 answer:
Pepsi [2]3 years ago
4 0

Answer:

A) $0

Explanation:

as per IRC section 101g, if the payment exceeds the greater of per actual cost then the excess payment amount will be taxable.

total tax free payment = 360*30

                                      = $10,800

Therefore, The taxable amount is $0

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Mona's flexible work schedule indirectly enhances her children's development by allowing her time off for school activities and
grigory [225]

Answer:

C. exosystem

Explanation:

According to my research on studies conducted on child development, I can say that based on the information provided within the question this is an example of interactions within the exosystem. This is what contains environmental elements that have a significant influence on a child's development, even though that child is not directly involved with them.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
Read 2 more answers
At the beginning of the year, Monroe Company estimates annual overhead costs to be $800,000 and that 200,000 machine hours will
lora16 [44]

Answer:

$600,000

Explanation:

For computing the overhead applied first we have to find out the predetermined overhead rate

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated machine hours)

= $800,000 ÷ 200,000 hours

= $4

Now the overhead applied is

= Actual direct labor-hours × predetermined overhead rate

= 150,000 hours × $4

= $600,000

3 0
3 years ago
Why does the market portfolio include all risky assets?
Bezzdna [24]
Under the CAPM, all investors hold the market portfolio because it is the optimal risky portfolio. Because it produces the highest attainable return for any given risk level, all rational investors will seek to be on the straight line tangent to the efficient set at the steepest point, which is the market portfolio. Branliest would be nice (:
6 0
2 years ago
Which of the following is true about mortgage-backed securities? I) They aggregate individual home mortgages into homogeneous po
quester [9]

Answer:

I ,II and IV

Explanation:

Mortgage backed securities are either a claim for equity in a pool of mortgages, or a duty secured by a pool. Such claims reflect home loan securities. Loans borrow from mortgage lenders and then sell bundles of those loans on the resale market.

Specifically, once those loans are paid off, they sell their claim to the mortgage cash inflows. The issuer of the mortgage needs to maintain the loan, receiving principal and interest payments, and transfers those payments on to the mortgage borrower.

Therefore according to the given situation the correct answer is I, II, IV

6 0
3 years ago
brenda apologized to kordell for an e-mail that upset him. she said she had chosen an inconsiderate way of stating her idea, and
Nutka1998 [239]

The behavior or disposition displayed by Brenda that was described above shows consideration behavior, therefore, Brenda can be said to be: <u>expressing consideration behavior.</u>

Consideration behavior can be described as exhibiting a friendly and supportive disposition by<em> considering the interests of others</em>. It also entails effectively communicating openly with others, having respect of their ideas and <em>showing concern for their feelings.</em>

Thus, the behavior or disposition displayed by Brenda that was described above shows consideration behavior, therefore, Brenda can be said to be: <u>expressing consideration behavior.</u>

<u></u>

<u></u>

Learn more here:

brainly.com/question/3609472

6 0
3 years ago
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