Congress allows self-employed taxpayers to deduct the cost of health insurance for AGI because: ...
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Accounting
Congress allows selfemployed taxpayers to deduct the cost of health insurance for AGI because: Multiple Choice employers are allowed to deduct Social Security FICA taxes as a business expense. selfemployed taxpayers need an alternate mechanism for reducing the cost of health care. this deduction provides a measure of equity between employees and the selfemployed. health insurance premiums cannot be deducted otherwise. None of the choices are correct.
Congress allows selfemployed taxpayers to deduct the cost of health insurance for AGI because:
Multiple Choice
employers are allowed to deduct Social Security FICA taxes as a business expense.
selfemployed taxpayers need an alternate mechanism for reducing the cost of health care.
this deduction provides a measure of equity between employees and the selfemployed.
health insurance premiums cannot be deducted otherwise.
None of the choices are correct.
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