Tom and Shannon Shores, both age 40, filed a joint return and paid the following medical expense:
Question:
Tom and Shannon Shores, both age 40, filed a joint return and paid the following medical expense:
Hospital costs………………………………………….$3,200
Doctor’s bills….………………………………………….1,600
Medicine and drugs……………………………………..800
Hospitalization insurance premium……………4,000
In addition, they incurred the following medical expenses for Tom’s mother who is totally dependent upon and lives with Tom and Shannon:
Cosmetic surgery (face-lift operation)……………………….$5,400
Doctor’s bills……………………………………………………………….2,600
Medicine and drugs……………………………………………………..1,000
They live miles from the medical center and made 20 trips there for doctor office visits and hospital stays this year. Tom and Shannon’s adjusted gross income is $85,000. What is Tom and Shannon’s expense deduction for this year?
Expert Answer:
Tom and Shannon Medical expense deduction for this year is as shown below Hospita... View the full answer
