ast year, your client, Mandy, paid $400 in premiums for her accident and sickness insurance, and received $700 in benefits. What would you advise your client?

Mandy can claim the $400 in premiums as an eligible medical expense and the $700 in benefits is not taxable.

Mandy can deduct the $400 in premiums as an eligible medical expense tax credit and the $700 in benefits is taxable.

Mandy cannot have any income tax relief for the $400 paid in premiums and the $700 in benefits is not taxable.

Mandy can deduct the $400 paid in premiums and the $700 in benefits is taxable.