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During 2017, Remy paid the following expenses: Prescription medicines$640Aspirin, vitamins, and cold medicine165Hospital and treatment fees1,050Health insurance premiums250 What is the total amount of medical

During 2017, Remy paid the following expenses:

Prescription medicines$640Aspirin, vitamins, and cold medicine165Hospital and treatment fees1,050Health insurance premiums250

What is the total amount of medical expenses (beforeconsidering the limitation based on adjusted gross income) that would enter into the calculation of itemized deductions on Remy's 2017 income tax return?

Multiple Choice

  • $2,105.
  • $0.
  • $1,940.
  • $1,885.

.

During the year, Greta's mountain cabin was almost completely destroyed by a fire started in the kitchen. She had adjusted gross income of $110,000 in 2017 and related data with respect to the cabin follows:

Cost basis:$121,000Value before casualty:$155,000Value after casualty:$15,000

Greta was partially insured for the loss and in 2017 she received a $100,000 insurance settlement. What is Greta's allowable casualty loss deduction for 2017?

Multiple Choice

  • $35,900.
  • $55,000.
  • $9,900.
  • $20,000.

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