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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