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Politics : Formerly About Advanced Micro Devices
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To: Bill who wrote (1012357)4/20/2017 5:07:04 PM
From: J_F_Shepard  Read Replies (2) of 1573937
 
From your post, there is no writeoff (deduction). Receipts can be entered as net receipts or as gross billings minus the contractual adjustment (which yields the same number). This would typically be on Schedule C for a doctor who works for himself/herself.
So why didn't you say this when I first asked the question.....instead you and your wingnut friends (who also knew shit) try and make a jerk out of the curious person trying to understand the rules.....does it make your egos inflate?? A simple example would have been all it took to show what I found with a google search (and not an easy one, btw). I understand it now but don't you claim credit for it... It took you 19 posts to get to the answer and it was my post that explained it...

But it is the tax filers choice as to how it is done.....it appears that hospitals and large groups prefer to include the contractual adjustments of which they have thousands....in one case I read the filer had used software to determine how the contractual adjustments should be applied, obviously lowering their taxes......the IRS disagreed....

And you still haven't explained what benefit you get from paying for your employees med insurance.. Are you saying there is no benefit?
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