A Review of the 2013 Tax File of Gregory,a Single

question 61

Multiple Choice

A review of the 2013 tax file of Gregory,a single taxpayer who is age 40,provides the following information regarding Gregory's 2013 tax status: In 2014,Gregory receives a reimbursement for last year's medical expenses of $1,200.As a result,Gregory must

• A)include $300 in gross income for 2014.
• B)include $1,200 in gross income for 2014.
• C)reduce 2014's medical expenses by $1,200.
• D)amend the 2013 return.

---

Definitions:

SAT Score

A standardized test score used in the United States for college admissions, reflecting a testee's aptitude in areas such as math, reading, and writing.

College-Bound Seniors

High school students who have plans or have been accepted to attend a college or university for further education.

Social Inequality

Varied social positions or statuses within a society or group face unequal access to opportunities and rewards.

Parental Home Environment

The atmospheric and relational conditions within a child's home, including parenting styles and family dynamics, which influence development and behavior.