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42. Ted Turner's employer offers him a choice of reimbursing $600 of professional dues and subscriptions, or reimbursing $600 of retirement planning services. Ted, a
42. Ted Turner's employer offers him a choice of reimbursing $600 of professional dues and subscriptions, or reimbursing $600 of retirement planning services. Ted, a computer specialist with the firm, expects to earn an additional $20,000 during the current year as part-time consultant, which will be reported on Schedule C. What advice would you give Ted concerning the choice, assuming the dues and subscriptions would qualify as ordinary and necessary business expenses on his Schedule C? 45. Janet has an FSA that covers dental and eye care to which her employer contributes $200 per month. Her employer has an HDHP medical insurance plan with a $2,750 deductible that covers medical expenses other than dental and eye care. Janet opened an HSA and contributed $2,750. Janet incurred the following medical costs during the year: $600 for dental care, $400 for prescription eye glasses, and $1,500 for doctor visits. How can Janet be reimbursed for these expenses? Explain
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