Question: Jacob owns his own payroll processing business and generated $ 5 0 , 0 0 0 in net income for the taxable year. He is
Jacob owns his own payroll processing business and generated $ in net income for the taxable year. He is married and files a joint return; his spouse is not employed and currently stays at home. Jacob also paid $ per month for both of their health insurance coverage. What amount will Jacob be allowed to deduct for selfemployed health insurance payments on California Form
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