Peter, 65, and Audrey, 62, had medical expenses in 2023 of $12,000, paid eligible long-term care insurance premiums of $4,000, and paid $20,000 for Audrey's facelift. If they had an adjusted gross income of $100,000, how much is their medical expense deduction? 

Answer rating: 100% (QA)

To calculate the medical expense deduction we first need to determine the deductible porti... View the full answer