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Accounting 2.0 63. Margaret owns her own business. She is married filing a joint return. She paid $500 per month for her health insurance. Her

Accounting

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2.0 63. Margaret owns her own business. She is married filing a joint return. She paid $500 per month for her health insurance. Her husband's employer paid all his health insurance premiums for his family plan, except $35 per month. What amount will Margaret be allowed to deduct for the self-employed health insurance adjustment on Form 1040? a ) $ 0 0.0 F.0 .0 000.830 b) $3,600 10.0 10.0 000 AUe C) $6,000 0.0 0.0 0.0 $6,420 libero eith exist I'mso voy ;gote .ones al 0 anil il :10 OF e enil yd V s 64. Sharon owns a florist shop and must report the cost of goods sold on her tax return. Which of O. S the following should be omitted to calculate the cost of goods sold? a ) b) Beginning inventory 1to CI enil to Tellsme sill wind anoutudhines egives inomsits beitileup Purchases Advertising that ,omconi bemiss ripinto? not notloubob to noiautoxe yous mislo wey taine of Income art! not A-080 Ending inventory .soms& asalemA to etnabing obli snod 101 10 enollouwent miner xai woy see ,cobol 16A noboube Copyright @ 2018, The Income Tax School, Inc. - All Rights Reserved Comp Module 3 FE Instructor - 14

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