1) Can you deduct the household employment tax if you are the employer? if so,...

90.2K

Verified Solution

Question

Accounting

1) Can you deduct the household employment tax if you are the employer? if so, the deduction for AGI or itemized deduction?

2) Does health insurance premiums the same as medical expenses (7.5%)for the itemized deduction?

3) Can you deduct FUTA and FICA tax if you are the employer?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students