Question

In: Accounting

when both the self employed health insurance deductions and the premium tax credit are involved for...

when both the self employed health insurance deductions and the premium tax credit are involved for taxpayer the IRS provides two calculations to solve this issue. These methods are called the:

a.iteractive and simplified methods
b. standard and actual methods
c. tangible and simplified methods
d.iteractive and streamlined methods

Solutions

Expert Solution

When both the self employed health insurance deductions and tax premium tax credit are involved for tax payer, the IRS provides two method calculations to solve this issue.

These methods are called the:-

(a) Iteractive and simplified methods.


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