During 2013, Angela sustains serious injuries from a snowskiing accident. She incurs the following expenses: Doctor bills

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During 2013, Angela sustains serious injuries from a snowskiing accident. She incurs the following expenses:
Doctor bills ............................................. $11,700
Hospital bills ........................................... 9,400
Legal fees in suit against ski resort .................. 3,000
Angela is single and has no dependents. For the year, her salary is $58,000. She pays $600 in medical and dental insurance premiums, which is withheld from her paycheck on an after-tax basis, $2,750 in mortgage interest on her home, and $1,200 in interest on her car loan. Her health insurance provider reimburses her for $10,000 of the medical expenses. What is her 2013 taxable income?
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Federal Taxation 2014 Comprehensive

ISBN: 9780133438598

27th Edition

Authors: Timothy J. Rupert, Thomas R. Pope, Kenneth E. Anderson

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