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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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Part 1 Ken is the produce manager at saying way a large Supermarket that is part of a national chain. After completing a few man
Dvinal [7]

The people who may be significantly affected by the outcome of this negotiation by the manager include the employer and the customers.

<h3>Who is a manager?</h3>

It should be noted that a manager simply means an individual who oversees the team in a company and ensures that the goals of the company are achieved.

In this case, Ken is the produce manager at saying way a large Supermarket that is part of a national chain and after completing a few management courses offered by his employer, as well as five years of service at the supermarket, he is up for a promotion to assistant manager and is about to negotiate his new salary.

In this case, the people who may be significantly affected by the outcome of this negotiation by the manager include the employer and the customers. This was illustrated in the information.

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brainly.com/question/24553900

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4 0
1 year ago
Colleen and Judy purchased a dilapidated townhome in an estate sale. Due to their fix-up work and the current economy, the prope
liq [111]

Answer:

The correct answer is The covenant of warranty.

Explanation:

It is said that in this type of pact a public and peaceful possession must be written, which can be exercised so that it can be known by society. The possession of the property must be declared as continuous (that is, there can be no claim by the owner or the property is lost), and must be exercised as the legitimate owner before third parties.

5 0
3 years ago
The First Chance Casino has gambling facilities, a bar, a restaurant, and a hotel. All employees are allowed to obtain food from
jenyasd209 [6]

Answer:

D) All of the employees may exclude the value of the meals from gross income.

Explanation:

Meals provided at the workplace (in this case the casino) by the employer are nontaxable fringe benefits. This means that the employees are not required to include them as part of their gross income.

Also, if the providing the meals benefits the employer, they can deduct 50% of the cost.

4 0
3 years ago
Decorte Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-ho
Airida [17]

Answer:

$94.10 per unit

Explanation:

Total direct labor-hours 10,000

Total fixed manufacturing overhead cost $33,000

Variable manufacturing overhead per direct labor-hour $2.50

Job K332:

Number of units in the job 70

Total direct labor-hours 140

Direct materials $455

Direct labor cost $5,320

total variable overhead = $2.50 x 140 = $350

prorated fixed overhead = (total fixed overhead / total direct labor hours) x direct labor hours used = ($33,000 / 10,000) x 140 = $462

total product cost = direct labor + direct materials + variable overhead + prorated fixed overhead = $5,320 + $455 + $350 + $462 = $6,587

product cost per unit = $6,587 / 70 units = $94.10 per unit

3 0
3 years ago
Indicate the most likely effect of the following changes in credit policy on the receivables turnover ratio (+ for increase, - f
docker41 [41]

(b) Increased effectiveness of collection methods - It will increase the turnover ratio and decrease the days to collect.

Effectiveness is the functionality of producing a preferred result or the capability to supply preferred output. whilst something is deemed powerful, way it has a supposed or predicted outcome, or produces a deep, vibrant effect.

Effectiveness is the principle noun form of the adjective effective, this means “ok to accomplish a cause; producing the supposed or predicted end result.” (another, less common noun form of effective is efficiency.).

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7 0
2 years ago
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