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ACC 321 Exam 2 2023 LATEST EXAM GRADED A+ WITH VERIFIED SOLUTIONS
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Clem is married and is a skilled carpenter. Clem's wife, Wanda, works part-time as a substitute grade school teacher. Determine the amount of Clem's expenses that are deductible for AGI this year. Clem is self-employed and this year he incurred $615 in expenses for tools and supplies related to his job. Since neither were covered by a qualified health plan, Wanda paid health insurance premiums of $5,790 to provide coverage for herself and Clem (not through an exchange). - ANSWER 6,405
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