Reimbursement for medical expenses


Problem: Caleb's medical expenses before reimbursement for the year include the following:

Medical premiums $11,000
Doctors, hospitals 3,500
Prescriptions 600

Caleb's AGI for the year is $50,000. Caleb also receives a reimbursement for medical expenses of $1,000. Caleb's deductible medical expenses that will be added to the other itemized deduction will be:

A. $9,100

B. $10,100.

C. $14,500.

D. $15,100.

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Accounting Basics: Reimbursement for medical expenses
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