Multiple Choice
Your friend Scotty informs you that he received a "tax-free" reimbursement in 2012 of some medical expenses he paid in 2011.Which of the following statements best explains why Scotty is not required to report the reimbursement in gross income?
A) Scotty itemized deductions in 2011.
B) Scotty did not itemize deductions in 2011.
C) Scotty itemized deductions in 2012.
D) Scotty did not itemize deductions in 2012.
E) Scotty itemized deductions in 2012 but not in 2011.
Correct Answer:
Verified
Correct Answer:
Verified
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