Marjorie, a single taxpayer, is an employee of Big State Corporation. Big State Corporation pays premiums of

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Marjorie, a single taxpayer, is an employee of Big State Corporation. Big State Corporation pays premiums of $1,000 on her health insurance for the current year. Also, during the current year, Marjorie has an operation for which the insurance company pays $5,000 to her hospital and doctor. Of the above amounts, how much must Marjorie include in her gross income?

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Income Tax Fundamentals 2011

ISBN: 9780538469197

29th Edition

Authors: Gerald E. Whittenburg, Martha Altus-Buller

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