Examlex
Ramon's tax return was randomly selected for audit.Which IRS program likely selected Ramon's return for audit?
Copayment
A fixed amount paid by a patient for healthcare services, with the remaining balance covered by their insurance plan.
Deductible
The amount a person must pay out-of-pocket before an insurance company will cover the remaining costs of a claim.
Annual Payment
A payment made once a year, often related to financial agreements such as salaries, annuities, or subscription services.
Insurance Policy
A contract between an individual or entity and an insurance company, detailing the terms for the payment of claims in the case of loss or damage.
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