Calculate the amount of medical expenses that will be


Problem

Simpson is a single individual who is employed full-time by Duff Corporation. This year Simpson reports AGI of $51,000 and has incurred the following medical expenses:

Dentist charges $ 900

Physician's charges 1,800

Optical charges 500

Cost of eyeglasses 300

Hospital charges 2,500

Prescription drugs 250

Over-the-counter drugs 450

Medical insurance premiums (not through an exchange) 775

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

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Calculate the amount of medical expenses that will be
Reference No:- TGS02771295

Expected delivery within 24 Hours