Required information Problem 7 22 (LO 7 1) (Algo) Skip to question 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 $62,000 and has incurred the following medical expenses Dentist charges $ 1,630 Physician charges 2,780 Optical charges 505 Cost of eyeglasses 580 Hospital charges 2,800 Prescription drugs 635 Over the counter drugs 710 Medical insurance premiums (not through an exchange) 985 rev 10 13 2020 QC CS 234406 Problem 7 22 Part a (Algo) a Calculate the amount of medical expenses that will be included with Simpson's itemized deductions after any applicable limitations Problem 7 22 Part b (Algo) b Suppose that Simpson was reimbursed for $250 of the physician's charges and $1,200 for the hospital costs Calculate the amount of medical expenses that will be included with Simpson's itemized deductions after any applicable limitations

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Question: Required information Problem 7-22 (LO 7-1) (Algo) Skip to question [The following information applies to the questions displayed below.] Simpson, age 45, is a single

Required information

Problem 7-22 (LO 7-1) (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 $62,000 and has incurred the following medical expenses:


Dentist charges	$	1,630
Physician charges		2,780
Optical charges		505
Cost of eyeglasses		580
Hospital charges		2,800
Prescription drugs		635
Over-the-counter drugs		710
Medical insurance premiums (not through an exchange)		985

rev: 10_13_2020_QC_CS-234406

Problem 7-22 Part-a (Algo)

a. Calculate the amount of medical expenses that will be included with Simpson's itemized deductions after any applicable limitations.

Problem 7-22 Part-b (Algo)

b. Suppose that Simpson was reimbursed for $250 of the physician's charges and $1,200 for the hospital costs. Calculate the amount of medical expenses that will be included with Simpson's itemized deductions after any applicable limitations.

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