The Acronym NPE Stands For

question 65

Multiple Choice

The acronym NPE stands for:

• A) Non-Practicing Entities
• B) Non-Practicing Exhibits
• C) Normal Practicing Entities
• D) Neo-Practicing Entities
• E) Normal-Practicing Exhibits

---

Definitions:

Medical Expenses

Unreimbursed costs for healthcare services, treatments, or products that may be deductible if they exceed a certain portion of the taxpayer's adjusted gross income.

Birth Control Pills

Medication taken orally to prevent pregnancy, often considered a qualified medical expense for health savings accounts.

Deductible Interest

Interest payments on loans (such as mortgage or student loans) that can be subtracted from gross income to reduce taxable income under certain circumstances.

Home Mortgage

A loan provided by a financial institution to a borrower for the purchase of a residential property, secured by the property itself.