Congress allows self-employed taxpayers to deduct the cost of health insurance for AGI because: ...

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Accounting

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