Reference no: EM132782118
Question - Johanna (62) is filing as a single taxpayer. Her adjusted gross income during the year was $34,000. This is the amount entered on her Form 1040, line 8b. She will itemize deductions when she files her 2019 federal Form 1040.
To seek relief for a medical condition, Elaine traveled to a clinic in another state during the year. She incurred the following trip-related expenses:
-$90 for a room in a hotel near the clinic (one night).
-$450 for a round-trip airplane ticket.
-$70 for taxi service to and from the clinic and the airport.
-$80 for non-hospital meals while she was away from home.Johanna is not eligible for employer-sponsored health insurance. In addition to the travel expenses, Johanna incurred the following non-trip related, out-of-pocket medical expenses:
-$2,100 net out-of-pocket for health insurance premiums (paid with after-tax dollars).
-$2,300 for prescriptions.
-$350 in co-pays to her doctor.
-$250 for new glasses.
-$300 for dental x-rays.
Complete the Medical and Dental Expenses section of Johanna's Schedule A (Form 1040), Itemized Deductions.
|
Discuss wal-mart from strategic perspective
: Discuss Wal-Mart from a strategic perspective. Discuss Wal-Mart's strengths and weaknesses?
|
|
Which of transfer mechanisms be appropriate for the transfer
: Which of the following transfer mechanisms would be appropriate for the transfer of Fresh Veggies to James, Scott and Elizabeth assuming Kathi
|
|
Discuss criminalization of the african american community
: In this 2016 thought-provoking documentary by filmmaker Ava Duvernay, the US prison population and the criminalization of the African American community.
|
|
Calculate the efficiency of the engine
: At the end of compression, the pressure is 200 psia. Calculate the efficiency of the engine.
|
|
Complete the Medical and Dental Expenses section
: To seek relief for a medical condition, Elaine traveled to a clinic in another state during the year. Complete the Medical and Dental Expenses section
|
|
Prepare a formal business report
: Prepare a formal business report, to be presented to the Directors of your chosen company - review and assess specific policies, practices and regulations
|
|
Calculate the target cost for maintaining current market
: Calculate the target cost for maintaining current market share and profitability. (Do not round intermediate calculations. Round your answer to 2 decimal place)
|
|
What factors were most important in startup process
: After viewing the videos regarding how to start a nonprofit organization, what factors were most important in the startup process?
|
|
Calculate the contribution margin per unit
: Sales ($20 X 20,000 units) $400,000 Costs of goods sold: Direct materials $ 60,000 Direct labor 40,000. Calculate the contribution margin per unit
|