• Tom and Susan have medical expenses for surgery, doctor’s bills, dentist visits and health insurance that total $15,000. They were reimbursed by insurance in the amount of $5,000. Tom and Susan’s AGI is $80,000.
• They are both under 65.
• How much medical expense will they use as part of their itemized deductions?
• What is their standard deduction?
• What would they deduct as medical expense if Tom was 68 and Susan was 64?
• What is their standard deduction?