Reggie, who is 55, had AGI of $32,000 in 2016. During the year, he paid the following
Question:
Reggie, who is 55, had AGI of $32,000 in 2016. During the year, he paid the following medical expenses:
Drugs (prescribed by physicians) .............................. $200
Marijuana (prescribed by physicians).........................1,400
Health insurance premiums -after taxes ..................... 850
Doctors' fees ....................................................1,250
Eyeglasses ....................................................... 375
Over-the-counter drugs ....................................... 200
Reggie received $500 in 2016 for a portion of the doctors' fees from his insurance. What is Reggie's medical expense deduction?
Step by Step Answer:
Medical expense deduction 2675 Allowable medical expense 500 Insurance ...View the full answer
Fundamentals Of Taxation 2017
ISBN: 9781259752735
10th Edition
Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone
