Question: Answer is not 16450 Problem 10-22 (LO. 2) Emma Doyle, is employed as a corporate attorney. For calendar year 2018, she had AGI of $100,000

 Answer is not 16450 Problem 10-22 (LO. 2) Emma Doyle, is

Answer is not 16450

Problem 10-22 (LO. 2) Emma Doyle, is employed as a corporate attorney. For calendar year 2018, she had AGI of $100,000 and paid the following medical expenses: Medical insurance premiums Doctor and dentist bills for Bob and April (Emma's parents) Doctor and dentist bills for Emma Prescription medicines for Emma Nonprescription insulin for Emma $3,700 6,800 5,200 400 350 Bob and April would qualify as Emma's dependents except that they file a joint return. Emma's medical insurance policy does not cover them. Emma filed a claim for reimbursement of $2,800 of her own expenses with her insurance company in December 2018 and received the reimbursement in January 2019 What is Emma's maximum allowable medical expense deduction for 2018? Complete a memo for your firm's tax files in which you document your conclusions TAX FILE MEMORANDUM DATE: February 27, 2019 FROM: Sam Massey SUBJECT: Emma Doyle's medical expense deduction Emma Doyle's deductible (after any limitations) medical expense deduction is $ Although Bob and April can not be claimed as Emma's dependents, they could have been had they not filed a joint return Therefore, medical expenses incurred on their behalf qualifyfor the medical expense deduction. Insulin is an exception to the rule that nonprescription drugs do not qualify as medical expenses. The insurance recovery was not received until 2019. Therefore, it has no effecton the medical expense deduction for 2018

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