Question: Simpson, age 45, is a single individual who is employed full time by Duff Corporation. This year Simpson reports AGI of $54,000 and has incurred

Simpson, age 45, is a single individual who is employed full time by Duff Corporation. This year Simpson reports AGI of $54,000 and has incurred the following medical expenses:

Dentist charges $ 1,880
Physician charges 2,760
Optical charges 605
Cost of eyeglasses 525
Hospital charges 4,500
Prescription drugs 275
Over-the-counter drugs 805
Medical insurance premiums (not through an exchange) 1,120

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.

b. Suppose that Simpson was reimbursed for $480 of the physician's charges and $3,600 for the hospital costs. Calculate the amount of medical expenses that will be included with Simpson's itemized deductions after any applicable limitations. Simpson, age 45, is a single individual who is employed fulltime by Duff Corporation. This year Simpson reports AGI of $54,000 and

Simpson, age 45 , is a single individual who is employed full time by Duff Corporation. This year Simpson reports AGI of $54,000 and has incurred the following medical expenses: 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. Answer is complete but not entirely correct. Problem 6-38 (LO 6-2) (Algo) [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 $54,000 and has incurred the following medical expenses: Problem 6-38 Part-b (Algo) b. Suppose that Simpson was reimbursed for $480 of the physician's charges and $3,600 for th 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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