For 2015, Cynthia, who is single and 45 years of age, had AGI of $40,000. During the

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For 2015, Cynthia, who is single and 45 years of age, had AGI of $40,000. During the year, she incurred and paid the following medical costs:

Doctor and dentist fees................................$3,350

Prescription medicines......................................325

Medical care insurance premiums...................380

(paid for with after tax funds)

Long-term care insurance premiums...............730

Hearing aid...........................................................150

What amount can Cynthia take as a medical expense deduction (after the AGI limitation) for her 2015 tax return?

a. $4,935.

b. $4,915.

c. $915.

d. $855.

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Fundamentals Of Taxation 2016

ISBN: 9781259812774

9th Edition

Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone

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