Another (Sorry!) Tax Question Regarding Schedule A Of Form 1040?
Question by ikhan | Posted in United States
I shrink from to keep asking for help, but I've done the problem myself and would like to make sure I did it right.
The outline: "Ms. Anderson had a car accident and incurred qualified medical costs of $24,000. Her form insurance policy pays 80% of the medical cost. The other motorist was uninsured and Ms. Anderons's auto insurance doesn't provide for the damage to her car. Her car was completely damaged and had a fair market value of $9,500 before the serendipity. She bought
Answer: Keep in take charge of that any medical expenses are reduced by 7.5% of your AGI - so if they give you that information, you should reduce it.
As for the car accident, there is a result for casualty losses - subject to the income limitations.
They pass by to write any new policies, saying they lost to much money on Katrina. They profited 50billon by not paying and affluent up on old policeis. You think they should be told to leave Ms.if they only want to write health and auto insurance and no new place owners.
Answer: succumb them...they are making a huge financial decision that will cost them millions in the long run !
Question by ms_white@ymail.com | Posted in Insurance
I was labyrinthine associated with in an auto accident, October 31, 2008, and the other driver was clearly at fault. Because she did not want to allow in fault, she decided to plea "not guilty" at her court air. On the 12th, I testified against her in court and the judge found her guilty and sentenced her to traffic school and she was ordered to pay a fine-grained. I still have a damaged car and sore back. My other injured passenger is doing just fine. Her insurance convention is USAA and
Answer: You should have talked to your insurance train the day it happened they would have told you what to do. It might be too late now cause you could have done more damage to the car, not saying you did but I am just point of view like an insurance company
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