Question
Federal Tax Question Simpson is a single individual under 65 who is employed full-time by Duff Corporation. This year Simpson reports AGI of $55,600 and
Federal Tax Question
Simpson is a single individual under 65 who is employed full-time by Duff Corporation. This year Simpson reports AGI of $55,600 and has incurred the following medical expenses:
A) Calculate the amount of medical expenses that will be included with Simpson's itemized deductions after any applicable limitations
B) Suppose that Simpson was reimbursed for $730 of the physician's charges and $1,610 for the hospital costs. Calculate the amount of medical expenses that will be included with Simpsons itemized deductions after any applicable limitations. |
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