Question
For 2017, Besty and Bob are married taxpayers who file a joint tax return with AGI of $50,000. Both are under 30 years old. During
For 2017, Besty and Bob are married taxpayers who file a joint tax return with AGI of $50,000. Both are under 30 years old. During the year they incurred the following expense:
Medical insurance premiums $3,000
Hospital bills ( knee replacement for Bob ) 2,200
Hopsital bills ( face lift for Betsy ) 2,500
Doctor bills 850
Dentist bills 150
Eyeglasses 450
Acupuncture treatments ( for Bob's knee pain prior to his operation ) 300
In addition, thier insurance company reimbursed them $3,000 for the above expenses.
Using the format below, calcutae Betsy and Bob's deduction for medical and dental expenses for 2017.
$________
$_________
Total_______l
Less 10% of adjusted gross income
_________________
Medical deduction
________________
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