Question
2018 was not a good year for you. The vehicle accident you caused while on a family road trip left you with various medical bills
2018 was not a good year for you. The vehicle accident you caused while on a family road trip left you with various medical bills and now you are trying to figure out your total deductions. The overnight hospital bill for the family was $9,000 and prescriptions for the following months added up to $1,280. On top of that, premiums for medical insurance reached $3,750 for the year. This was in addition to the unrelated earlier in the year expenditures of $195 for kids glasses, $2,900 on your spouses braces and $4,150 on a nose job. With an adjusted gross income of $95,000, how much can you deduct for 2018?
Group of answer choices
a. $10,000
b. $7,100
c. $14,150
d. $7,625
e. Nothing
If you make a charitable contribution of property of $5,025, you must
Group of answer choices
a. Perform a valuation on the item being given and attach the valuation to your return
b. Perform a valuation on the item being given and put the valuation in your files
c. Attach a copy of the original purchase receipt to your return
d. No proof is needed because your deduction is less than $5,500
e. None of the above
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