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If a Person Earns $50,000 Per Year and They Own

Question 6

Multiple Choice

If a person earns $50,000 per year and they own an individual health insurance policy, how much would that individual need to spend on his or her medical expenses in order to deduct such expenses on their tax return?


A) $7,500
B) $5,000
C) $3,750
D) $2,500

Correct Answer:

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