Determine the maximum medical expense credit


Problem

Dave Collins and Christie Collins have two children, ben age 14 and cody age 20. Tne medical expenses and net income for each member of the family for 2022 is as follow:

Medical expenses Net
income
aras 2000 100000
Kelly 3000 40000
Be 600 500
Cody 12000 9000

All of the medical expenses were paid by aras in the 12 month period ending December 31

Determine the maximum medical expense credit for 2022.

Request for Solution File

Ask an Expert for Answer!!
Taxation: Determine the maximum medical expense credit
Reference No:- TGS03346056

Expected delivery within 24 Hours