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Expenses Item Doctor bills Hospital bills Legal fees in suit against ski resort Print Done Amount $ 11,700 9,400 3,000 - X During 2020, Angela
Expenses Item Doctor bills Hospital bills Legal fees in suit against ski resort Print Done Amount $ 11,700 9,400 3,000 - X During 2020, Angela sustains serious injuries from a snow-skiing accident. She incurs the following expenses: (Click the icon to view expenses incurred.) (Click the icon to view more information.) C (Click the icon to view the standard deduction schedule.) Requirement What is her 2020 taxable income? Begin by determining the excess medical expenses and the total itemized deductions. (It an input field is not used in the table, leave the input field empty; do not select a label or enter a zero.) Medical expenses Less Deductible medical expenses Total itemized deductions Now calculate her 2020 taxable income. Minus: Deductions from AGI: Taxable income 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, $6,750 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
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