Serena is a 38-year-old single taxpayer. She operates a small business on the side as a sole proprietorship. Her 2019 Schedule C reports net profits of $15,624. Her employer does not offer health insurance. Serena pays health insurance premiums of $7,545 in 2019. Serena also pays long-term care insurance premiums of $600 in 2019.<\/p>
Calculate Serena's self-employed health care deduction.<\/p>", "transcribed_text": "", "related_book": { "title": "College Accounting", "isbn": "1285892070, 538489669, 9781111790301, 978-1285892078, 9780538489669, 1111790302, 978-0538745192", "edition": "20th Edition", "authors": "Heintz and Parry", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/73.jpg", "uri": "\/textbooks\/college-accounting-20th-edition-73", "see_more_uri": "" }, "free_related_book": { "isbn": "", "uri": "", "name": "", "edition": "" }, "question_posted": "2024-09-14 00:02:12", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/industrial-organizational-psychology-understanding-the-workplace\/24-be-able-to-locate-the-hindbrain-midbrain-and-forebrain-2006872", "description": "2.4 Be able to locate the hindbrain, midbrain, and forebrain; list their parts; and explain what they do. (APA 1.1, 1.2, 1.3)", "stars": 0 }, { "url": "\/after-the-success-of-the-companys-first-two-months-adria", "description": "After the success of the company's first two months, Adria Lopez continues to operate Success Systems. (Transactions for the first two months are described in the serial problem of Chapter 2.) The...", "stars": 3 }, { "url": "\/study-help\/questions\/serena-is-a-38yearold-single-taxpayer-she-operates-a-small-10718664", "description": "Serena is a 38-year-old single taxpayer. She operates a small business on the side as a sole proprietorship. Her 2019 Schedule C reports net profits of $15,624. Her employer does not offer health...", "stars": 3 }, { "url": "\/study-help\/questions\/the-luncheon-expense-vouchers-of-the-executives-of-a-large-2155520", "description": "The luncheon expense vouchers of the executives of a large advertising firm have a population mean 10 G S4 per person Below what dollar value will 99 of the sample means fall What proportion of the...", "stars": 3 }, { "url": "\/study-help\/questions\/1-consider-the-output-of-a-paper-mill-the-product-1007022", "description": "1. Consider the output of a paper mill: the product appears at the end of a web and is rolled onto a spool called a reel. Every reel is examined for the number of blemishes, which are imperfections....", "stars": 3 }, { "url": "\/study-help\/questions\/provide-the-stepbystep-calculations-for-this-question-rod-bd-is-1025417", "description": "provide the step-by-step calculations for this question: Rod BD is made of steel ( E = 29 10 6 psi) and is used to brace the axially compressed member ABC . The maximum force that can be developed in...", "stars": 3 }, { "url": "\/study-help\/questions\/1-what-was-the-need-of-zurich-airport-privatization-1003161", "description": "1. What was the need of Zurich airport privatization? + recommendation( words of 500 to 600)* references required+ p lagiarism applied*", "stars": 3 }, { "url": "\/study-help\/questions\/z-satellites-body-is-rotating-with-an-angular-velocity-1025768", "description": "Z satellite's body is rotating with an angular velocity about z-axis the solar panels rotate with by angle about y-axis calculate the angular momentum of the satellite", "stars": 3 }, { "url": "\/study-help\/questions\/claims-from-a-portfolio-are-believed-to-have-a-pareto-1004253", "description": "Claims from a portfolio are believed to have a Pareto (a,A) distribution. In Year 0, a=6 and 2=1,000. An excess of loss reinsurance arrangement is in force, with a retention limit of 500. Inflation...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/on-february-1-2018-arrow-construction-company-entered-into-a-10718663", "next": "\/study-help\/questions\/a-company-purchased-3700-of-merchandise-on-july-5-with-10718665" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "Serena is a 38-year-old single taxpayer. She operates a small business on", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/serena-is-a-38yearold-single-taxpayer-she-operates-a-small-10718664" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } }_id": "1" } }