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Augustus1 Augustus1
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Posts: 1894
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7 years ago
Which of the following statements regarding Health Savings Accounts is incorrect?
A) Taxpayers are allowed to deduct contributions to a health savings account for AGI.
B) All taxpayers are eligible to establish a health savings account.
C) Distributions from a health savings account are excluded from gross income if used to pay qualified medical expenses.
D) Health savings account contributions are limited to the lesser of 100% of annual deductible under high deductible health plan or $3,050 for taxpayers without family coverage.
Textbook 
Prentice Hall's Federal Taxation: 2011: Individuals

Prentice Hall's Federal Taxation: 2011: Individuals


Edition: 14th
Authors:
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We do not judge the people we love.

Prentice Hall's Federal Taxation by Kramer
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Yoko900Yoko900
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7 years ago
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Augustus1 Author
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7 years ago
Your explanation helped, amazing amazing!
We do not judge the people we love.

Prentice Hall's Federal Taxation by Kramer
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