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What Percentage of Medical Insurance Payments Can Self-Employed Taxpayers Deduct

Question 48

Multiple Choice

What percentage of medical insurance payments can self-employed taxpayers deduct for adjusted gross income on their 2013 tax returns,assuming their self-employment income exceeds their medical insurance payments?


A) 60 percent
B) 70 percent
C) 50 percent
D) 90 percent
E) 100 percent

Correct Answer:

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