For 2017, Perla, who is single and 55 years of age, had AGI of $60,000. During the
Question:
For 2017, Perla, who is single and 55 years of age, had AGI of $60,000. During the year, she incurred and paid the following medical costs:
Doctor and dentist fees...................................$3,350
Prescription medicines.........................................625
Medical care insurance premiums.......................380
(paid for with after tax funds)
Long-term care insurance premiums................1,600
Hearing aid..........................................................150
What amount can Perla take as a medical expense deduction (after the AGI limitation) for her 2017 tax return?
a. $ 6,105.
b. $6,035.
c. $1,535.
d. $35.
Step by Step Answer:
Fundamentals Of Taxation 2018
ISBN: 9781259713736
11th Edition
Authors: Ana M. Cruz Dr., Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler