In 2022, Noelle, a self-employed landscaper who uses the cash method of accounting, signed a...

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Accounting

In 2022, Noelle, a self-employed landscaper who uses the cash method of accounting, signed a 3-year health insurance contract. She paid premiums of $500 for 2022, $550 for 2023, and $600 for 2024 when she signed the contract. What amount can she deduct for the premiums on her 2022 income tax return?

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