Multiple Choice
Your friend Scotty informs you that he received a "tax-free" reimbursement in 2018 of some medical expenses he paid in 2017. Which of the following statements best explains why Scotty is not required to report the reimbursement in gross income?
A) Scotty itemized deductions in 2017.
B) Scotty did not itemize deductions in 2017.
C) Scotty itemized deductions in 2018.
D) Scotty did not itemize deductions in 2018.
E) Scotty itemized deductions in 2018 but not in 2017.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Aaron, age 45, had AGI of $70,000
Q3: Trent sells his personal residence to Chester
Q4: Linda, who has AGI of $120,000 in
Q7: Quinn, who is single and lives alone,
Q8: Manny, age 57, developed a severe heart
Q9: Zeke made the following donations to qualified
Q10: Fred and Lucy are married, ages 33
Q11: Georgia had AGI of $100,000 in 2018.
Q12: Dan contributed stock worth $16,000 to his
Q56: Sergio was required by the city to