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zalisa [80]
3 years ago
13

All of the following are deductible as medical expenses except:

Business
1 answer:
MAVERICK [17]3 years ago
5 0

Answer:

The correct answer is letter "D": vitamins and health foods that improve a taxpayer's general health.

Explanation:

The Internal Revenue Service (IRS) set deductions of medical expenses that exceed 10% of taxpayers' Adjusted Gross Income (AGI) for 2020. <em>Preventive care, surgeries, dental and vision assistance, psychologists and psychiatrists visits </em>are considered for deductions.  

<em>Prescription medications, glasses, false teeth, </em>and <em>hearing aids </em>are also included but non-prescription drugs -<em>but insulin</em>- are not deductible. Thus, vitamins and healthy food prescriptions are not deductible.

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As a recent college graduate, Eli started working for an export trading company. His job has already taken him around the globe
Eduardwww [97]

Eli's experience of the differences in the working conditions in the developing nations with the United States is an example of (B) social responsibility differences between similar firms, but in different countries.

<h3>What is corporate social responsibility?</h3>

Corporate social responsibility refers to the approach adopted by entities to respond to social justice in their environments.

Entities engage in corporate social responsibility in four major areas:

  • Environmental Responsibility
  • Ethical Responsibility
  • Philanthropic Responsibility
  • Economic Responsibility.

<h3>Question Completion with Answer Options:</h3>

(A) corporate philanthropy differences in different countries.

(B) social responsibility differences between similar firms, but in different countries.

(C) the difference in corporate social initiatives in foreign nations.

(D) the need for whistleblowers abroad.

Thus, Eli's experience of the differences in the working conditions in the developing nations with the United States is an example of (B) social responsibility differences between similar firms, but in different countries.

Learn more about corporate social responsibilities at brainly.com/question/1373962

#SPJ12

4 0
2 years ago
Bengal Co. provides the following unit sales forecast for the next three months: July August September Sales units 5,000 5,700 5
Aloiza [94]

Answer:

The budgeted production of the units for the month of July are 5,175 units

Explanation:

The budgeted production of the units for the month of July is computed as:

Budgeted production units for July = July units + 25% of August units - Ending inventory of June

where

July units is 5,000 units

August units is 5,700

So, 25% will be:

= 5,700 × 25%

= 1,425

Ending inventory of June is 1,250 units

So, putting the units above:

Budgeted production units for July = 5,000 units + 1,425 units - 1,250 units

Budgeted production units for July = 6,425 units - 1,250 units

Budgeted production units for July = 5,175

8 0
3 years ago
If GNP is​ $600 billion, receipts of factor income from the rest of the world are​ $50 billion, and payments of factor income to
exis [7]

Answer:

$580 billion

Explanation:

Given that

GNP = $600 billion

Receipts of factor income from the rest of the world = $50 billion

Payments of factor income to the rest of the world = $30 billion

So, The computation of the GDP is shown below:

= GNP - Receipts of factor income from the rest of the world + Payments of factor income to the rest of the world

= $600 billion - $50 billion + $30 billion

= $580 billion

5 0
3 years ago
Suppose that hypothetically there are only two countries in the world: Japan and South Korea Now suppose that at the end of year
Yanka [14]

Answer:

i) $21 billion

ii) $0

iii) $0

Explanation:

GIVEN DATA : ( two countries )

At the end of year 2

net exports = $20 billion for Japan

Interest earned from assets = $1 billion  for Japan

i) The balances for the current account for Japan

export value + interest earned from assets

= $20 billion + $1 billion = $21 billion

ii) Financial account for Japan

Financial account for Japan will be zero because there is no increase or decrease in number of  its assets within the given period

iii) capital account for Japan

Capital account of Japan will will have a zero balance. this is because Capital account is used to record  foreign investments, local  investment and the reserve account as well. and there was no investment captured within the given time that was made by Japan

5 0
3 years ago
The oldest recorded effort to organize a fire fighting service dates back to the:
Zepler [3.9K]
Dates back to the Roman Republic.
7 0
3 years ago
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