Question: Required information Problem 6-38 (LO 6-2) (Algo) Skip to question [The following information applies to the questions displayed below.] Simpson, age 45, is a single
Required information
Problem 6-38 (LO 6-2) (Algo)
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[The following information applies to the questions displayed below.]
Simpson, age 45, is a single individual who is employed full time by Duff Corporation. This year Simpson reports AGI of $54,200 and has incurred the following medical expenses:
| Dentist charges | $ 1,410 |
|---|---|
| Physician charges | 1,890 |
| Optical charges | 525 |
| Cost of eyeglasses | 465 |
| Hospital charges | 2,300 |
| Prescription drugs | 385 |
| Over-the-counter drugs | 695 |
| Medical insurance premiums (not through an exchange) | 1,015 |
Problem 6-38 Part-a (Algo)
a. Calculate the amount of medical expenses that will be included with Simpson's itemized deductions after any applicable limitations.
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