Cheryl incurred $8,700 of medical expenses in November 2016. On December 5, the clinic where she was

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Cheryl incurred $8,700 of medical expenses in November 2016. On December 5, the clinic where she was treated mailed her the insurance claim form it had prepared for her with a suggestion that she sign and return the form immediately to receive her reimbursement from the insurance company by December 31. What tax issues should Cheryl consider in deciding whether to sign and return the form in December 2016 or January 2017?
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South Western Federal Taxation 2017 Comprehensive

ISBN: 9781305874169

40th Edition

Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young

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