Reggie had AGI of $32,000 in 2015. During the year, he paid the following medical expenses: Drugs
Question:
Reggie had AGI of $32,000 in 2015. During the year, he paid the following medical expenses:
Drugs (prescribed by physicians)...............................$200
Marijuana (prescribed by physicians) .....................1,400
Health insurance premiums -after taxes....................850
Doctors' fees...............................................................1,250
Eyeglasses......................................................................375
Over-the-counter drugs................................................200
Reggie received $500 in 2015 for a portion of the doctors' fees from his insurance. What is Reggie's medical expense deduction?
Step by Step Answer:
Fundamentals Of Taxation 2016
ISBN: 9781259812774
9th Edition
Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone