Question
For 2015, Betsy and Bob, ages 62 and 68, respectively, are married taxpayers who file a join tax return with AGI of $48,000. During the
For 2015, Betsy and Bob, ages 62 and 68, respectively, are married taxpayers who file a join tax return with AGI of $48,000. During the year they incurred the following expenses:
Medical insurance premiums$3,000
Hospital bills (knee replacement for Bob)$2,300
Hospital bills (face lift for Betsy)$2,600
Doctor bills$750
Dentist bills$125
Eyeglasses$340
Acupuncture treatments (for Bobs knee pain prior to his operation)$300
In addition, their insurance company reimbursed them $3,000 for the above expenses.
calculate Betsy and Bobs deduction for medical and dental expenses for 2015
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