Question

Simpson, age 45, is a single individual who is employed full-time by Duff Corporation. This year...

Simpson, age 45, is a single individual who is employed full-time by Duff Corporation. This year Simpson reports AGI of $69,600 and has incurred the following medical expenses:

Dentist charges

$

1,430

Physician charges

2,220

Optical charges

560

Cost of eyeglasses

670

Hospital charges

3,300

Prescription drugs

695

Over-the-counter drugs

800

Medical insurance premiums (not through an exchange)

945

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

Medical expenses----------------------?

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.

Medical expenses-----------------------?

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Answer #1

a) Except ove-the-countee deugs, all othee qualfied expenses. Hence, expense ae Simpsons medical expense deduction coill be

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