3. Zach had surgery, which was his third claim of the year. He had a bill of $5000.Considering the prior visits, what is Zach's portion of this bill, and what is theresponsibility of the insurance carrier?4. How much is Zach responsible for so far this year considering his first three visits? 1. For Tai Yan's office visit 99205, there is a difference between the Charge Amount andCovered Amount. Based on the reason code supplied what will be done with the difference?2. How much is Tai Yan responsible for?3. How much will be written off for Jana Green?4. How much is Jana Green responsible for?5. What is the covered amount of services provided to Pedro Gomez?

As per rule, allowed to answer one question at a time and post the remaining in the next submission.

Answered: a was his third is, what is Zac

Business

Accounting

a was his third is, what is Zac

Income Tax Fundamentals 2020

38th Edition

ISBN:9780357391129

Author:WHITTENBURG

Publisher:WHITTENBURG

Chapter2: Gross Income And Exclusions

Section: Chapter Questions

Problem 6P

See similar textbooks

Related questions

Q: Read through the following short case, and then answer the questions that follow. a) What would you…

A: Budget: It is an estimate of various financial items for a defined period, say a year or less.…

Q: can you explain more about how did you get the 4.092%?

Q: guid iabil odger ingle orris

A: Given:

Q: se the followir S he partners At ers

A: Answer: Concept The value of liquidation is divided equally to all partners in ratio of partners…

Q: 1. Whitman is the:

A: The taxable total income of the individual taxpayer includes the income earned by the respective…

Q: C irst thing you writ along with the ab: elect one:

A: The overall purpose of Dissertation introduction is to explain the reader about what has been…

Q: borata what is ASA?

A: Advertising Standard Authority (ASA) refers to the regulatory body in the united kingdom which…

Q: e lower (high or plus +? an

A: Let x be the age for property and y be the age for comp.

Q: n, Parker, and

A: Bob's 100% share will get transferred to Jan After Jan it will…

Q: is the right answer 7.38

A: Let 100 be the value of Ne Zealand dollar Value of US dollar = 140 Value after inflation in New…

Q: hich one of t pital accoun qi thwa? O A. 147

A: Answer 1 The profit sharing ratio of new partner is 1/5…

Q: Kathy Hansen has a revolv 278

A: An account receivable is defined as it is money that has not been paid by customers after using the…

Q: he partners Ma

A: The sharing of profit and loss in accordance with the profit and loss sharing ratio.it completely…

Q: What is BATNA?

Q: Vhen an item to be p eller and has not yet wed is figured as

A: In simple terms prorate means to give or divide the item for which the price is not yet paid. It can…

Q: in ww

A: Hi student Since there are multiple questions, we will answer only first question. Journal entries…

Q: I need help with question B

A: Hi, I am only answering (b) as per your requirement. Thank you Business are the organizations formed…

Q: What is the meaning of Frieght Inward and Frieght outward?

A: Freight-inward: Freight-inward is a transportation cost related with the acquisition of goods. In is…

Q: answe

A: We know that cash and cash equivalent are the most liquid assets. Cash equivalent are the short term…

Q: How much should be reported as COGS by Miguel?

A: As per the standards value of the inventory is equal to; Cost or Net realizable value which ever is…

Q: tables. The owne y their male chet e Becker's meas ide chould include

A: Given: pay their male chefs $45/hr Female chef $35/hr.

Q: Who is Allen Stanford

A: Allen Stanford Robert Allen Stanford born on march 24,1950 who were known as primarily by his…

Q: IS single, nden Tnd fiolusd

A: Facts of the case:- A retired…

Q: y Winklevoss Inc., who

A: Callable securities in this manner remunerate financial specialists for that probability as they…

Q: Think of two [ of your ] real life examples about concervatism principle

A: Define Conservatism principle as follow

Q: nd want to begin te e. ke the decision as

A: 1) pay rate as, =amount of money workers is paid per hour or week work in week =20 hours get paid…

Q: at amoun haron hop e Value o hution

A: 1) We are given, Annual contribution = $10,000 Year = 30 Rate = 7% Future value = ?

Q: er's original wor ents, or ideas a ere your own, e done in good fa

A: Explanation : In simple words, Plagiarism can be described as the act of passing off someone else's…

Q: Answer the first question

A: Net present worth (NPV) measures the net expansion in an organization's worth coming about because…

Q: How do I do number 2 ?

A: Adjusting entries: Adjusting entries are those entries that are recorded at the end of the year, to…

Q: What is ROA and ROE? Briefly discuss which one is supposed to be higher?

A: The answer to the given question is provided below in the following step as below:

Q: You are asked:

A: Balance sheet or the statement of financial position is the positional financial statement which…

Q: Whats the answer on numbers 14, 15 and 16?

A: Answer = (a) 50,000. If any partner Contribute any Non-Cash Assets to the partnership firm, the…

Q: a to and Jacob I loss in the

A: The record of the withdrawal is given as,

Q: What's ROE?

A: Return on equity is the ratio which is used to measure the earning capacity of the company from the…

Q: What is the answers and how did you arrive at those answers?

A: Cost of production is the cost incurred to produce a definite quantity of product. This cost…

Q: Where is 18% came from??

A: Yield is the benefit derived from an investment or cost incurred on a product. It can be expressed…

Q: The picture is my q

A: Job order costing seems to be a costing approach for determining the cost of producing each product.…

Q: a. What is Phil and Susan's AGI?

A: Adjusted Gross Income is the term used in the calculation of gross income for all taxable sources…

Q: 3. The observation of some activity or the act of taking some measurement is called a. an…

A: An outcome means the result of an activity. An experiment means doing some thing and observing the…

Q: why did Robert and Jen ha different scores? What were some of the most important factors in the…

A: The credit score is like the report card of the school. It determines the credit worthiness of the…

Q: *?Which form use in second conditional if + present simple + will O if + past simple + would O if +…

A: The second conditional is used to describe an unlikely or hypothetical situation and its likely…

Q: Think of two [ of your ] real life examples about objective principle

A: Objective Principles Define As Follow.

Q: Which one o

A: Suspense account is created to record those entries temporarily because further identification and…

Q: Based on the information above, what is the is the firm's EPS? Group of answer choices $7.55 $6.80…

A: Earning Per Share Earning per share shows the total amount of net income earned by an individual on…

Q: What is Jensen’s alpha?

A: Jensens alpha is the abnormal or unexpected return of an investment over the theoretical expected…

Q: Wnat Will be the alue of tne

A: Continuous compounding is the where compound interest is calculated and reinvested into an account's…

Q: Questions: 10. What is the capital of Aika after admitting Princessita? 11. What is the capital of…

A: Admission in Dissolution of Partnership It is the right of the partners to make the decision of the…

Q: What is difference between Musharakah and Ijarah explain with example ?

A: Musharakah It is the arrangement of joint partnership in Islamic finance under which both profits,…

Question

3. Zach had surgery, which was his third claim of the year. He had a bill of $5000.
Considering the prior visits, what is Zach's portion of this bill, and what is the
responsibility of the insurance carrier?
4. How much is Zach responsible for so far this year considering his first three visits?

1. For Tai Yan's office visit 99205, there is a difference between the Charge Amount and
Covered Amount. Based on the reason code supplied what will be done with the difference?
2. How much is Tai Yan responsible for?
3. How much will be written off for Jana Green?
4. How much is Jana Green responsible for?
5. What is the covered amount of services provided to Pedro Gomez?

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

Similar questions

Larry purchased an annuity from an insurance company that promises to pay him $9,000 per month for the rest of his life. Larry paid $946,080 for the annuity. Larry is in good health, and he is 72 years old. Larry received the first annuity payment of $9,000 this month. Use the expected number of payments in Exhibit 5-1 for this problem. a. How much of the first payment should Larry include in gross income? b. If Larry lives more than 15 years after purchasing the annuity, how much of each additional payment should he include in gross income? c. What are the tax consequences if Larry dies just after he receives the 100th payment?
must Billy pay? How much must his insurance company pay? 10. Mr. Whitaker works for Dawn Industries. His family is covered by one health insurance policy. He pays via a biweekly deduction of $44.50 from his paycheck (this is his premium). Dawn Industries contributes $15.75 to his insurance company every two weeks. How much does Mr. Whitaker pay per year for his family's health coverage? How much does Dawn Industries pay?
Larry purchased an annuity from an insurance company that promises to pay him $1,000 per month for the rest of his life. Larry paid $105,120 for the annuity. Larry is in good health and is 72 years old. Larry received the first annuity payment of $1,000 this month. Use the expected number of payments in Exhibit 5-1 for this problem. a. How much of the first payment should Larry include in gross income? Amount to be included in gross income
Lee Sutherlin is a self-employed electrical consultant. He estimates his annual net earnings at $31,900. How much Social Security and Medicare must he pay this year? (a) Social Security- (b) Medicare-
Faisal has insured his vehicle with AXA insurance company. Throughout the year he experiences a loss in January costing 1,577, another in May costing 1,284 and the last in December costing 1,102. If Faisal has an aggregate deductible of 2,574. How much will the insurer pay?
Leon's 6-month premium for auto insurance is $754.34, if he pays it all at once. If he decides that he wants to make payments, he will be charged a surcharge of $4 for each of the first 4 months, upon which time the 6-month premium needs to be paid in full. What is his premium for each of the first four months if he decides to pay the minimum? 6. а. $189.59 b. $192.59 С. $758.34 d. $126.72
Lee Sutherlin is a self-employed electrical consultant. He estimates his annual net earnings at $38,200. How much Social Security and Medicare must he pay (in $) this year?
2. Maria Metcalf, a heating technician, has a gross weekly income of $502.16. Her earnings to date for this year are $20,086.40. How much is deducted from her paycheck this week for Social Security? How much for Medicare?
18.Lee Sutherlin is a self-employed electrical consultant. He estimates his annual net earnings at $39,300. How much Social Security and Medicare must he pay (in $) this year? Social Security$ Medicare$
Linda bought a life insurance policy whereby she insured herself for 1 million for a period of 10 years. Annual premium amount is 50,000. After 10 years, she received from the insurance company the amount of 600,000. 65. How much is the gross income? A. ZERO B. 100,000 C. 600,000 D. 1,000,000 66. In the above problem, assuming Linda died on the end of the fourth year of the policy and the beneficiary received 1 Million from the insurance company, how much is the gross income recognizable? A. ZERO B. 200,000 C. 800,000 D. 1,000,000
6. Jessa is 19 and is trying to determine the annual premium for her auto insurance. She finds that she will pay $223 for $50,000 in property damage coverage, $44 for uninsured motorist coverage, $68 for comprehensive coverage, and $98 for collision coverage. The youthful-operator factor is 2.35 because she has been through a driver training course. What is Jessa's annual premium? O $914.15 O $1,017.55 O$909.30 O$433.00
At the end of one year, Angelique had $8,456 in her HSA. This year, she has used 75% of that amount to pay for medical expenses. She has also contributed $1,800 to the account, and she has earned $73 interest. How much is currently in her account?