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Carl, self-employed, owns a tool rental business organized as a sole proprietorship. In 2019, Carl spent $5,000 for health insurance for himself. Carl may deduct
Carl, self-employed, owns a tool rental business organized as a sole proprietorship. In 2019, Carl spent $5,000 for health insurance for himself. Carl may deduct half of this cost, but as an itemized deduction.
True | |
False |
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