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6. U.S. District Court a. A court that hears suits against the federal governmentfor money damages in numerous civil matters
7. U.S. Court of Appeals b. Court that is the intermediate appellate level of the federal court system and that reviews proceedings of a trialcourt
8. U.S. Supreme Court c. A court that handles bankruptcy proceedings
9. U.S. Bankruptcy Court d. Trial court in the federal court system where cases originate and trials occur
10. U.S. Claims Court e. The highest court in the land that generally has the power of discretionary review
6. *d
7. *b
8. *e
9. *c
10.*a
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Bernie Madoff was sentenced to 50 years in prison for his fraud convictions.
a. true b. false
Christopher Scott is a self-employed computer consultant. He earned a net profit of $100,000 in 2017 from his business. During 2017, he paid $2,500 for health insurance coverage for himself and his wife. What is the amount and character of the deduction that the Scotts may claim on their 2017 individual tax return?
a. $2,500 itemized deduction subject to the 2%-of-AGI floor for miscellaneous itemized deductions. b. $1,750 deduction from gross income to arrive at adjusted gross income and $750 itemized deduction subject to the medical expense limitations. c. $1,750 itemized deduction not subject to the 2%-of-AGI floor for miscellaneous itemized deductions and $750 itemized deduction subject to the medical expense limitations. d. $2,500 deduction to arrive at adjusted gross income