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Alice and Mike file a joint return. Alice is 66, and Mike is 62. Their Form 1040-SR Line 111040-SR is $130,000. They had the following
Alice and Mike file a joint return. Alice is 66, and Mike is 62. Their Form 1040-SR Line 111040-SR is $130,000. They had the following out-of-pocket medical expenses for the taxable year: Medical/hospital insurance premiums (not paid through an employer: $6,800) Doctor and hospital copays: 3,600 Prescription copays: 850 Dentists and oral surgery: 3,200 Vitamins and supplements: 800 Optometrist and eyeglasses: 1,200 What is the total amount of their allowable medical and dental expenses deduction?
a.) $5,900
b.) $4,700
c.) $0
d.) $6,700
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