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Ronna Is a Professional Golfer

question 782

Essay

Ronna is a professional golfer. In order to correct her vision, Ronna has eye surgery. The costs of the surgery and subsequent medical care are not covered by insurance. What tax issues should Ronna consider?


Definitions:

Consideration

Something of value that is exchanged between parties in a contract, making the agreement legally binding.

Illegal

Activities or actions that are prohibited by law and subject to penalties or punishment.

Majority

The condition or state of being greater in number, amount, or part; often refers to the age at which a person acquires full legal rights, or to a voting group having more than half the votes.

Ratified

Formally approved or confirmed, often in the context of agreements or treaties.

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