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During 2016,Kathy,who Is Self-Employed,paid $650 Per Month for an HSA

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Essay

During 2016,Kathy,who is self-employed,paid $650 per month for an HSA contract that provides medical insurance coverage with a $3,000 deductible.The plan covers Kathy,her husband,and their three children.Of the $650 monthly fee,$300 was for the high-deductible policy,and $350 was deposited into an HSA.How much of the amount paid for the high-deductible policy can Kathy deduct as a deduction for AGI?


Definitions:

Criticism

The expression of disapproval or the identification of faults, either constructively to encourage improvement or negatively.

Negative Message

A piece of communication that conveys bad news, disapproval, or a refusal in a tactful manner to the recipient.

Persuasive Message

A form of communication designed to convince or influence the audience towards a certain viewpoint or action.

Rate Increases

Adjustments made to prices or charges, typically resulting in higher costs for services or products.

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