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Graces net income is $60,000 while that of her husband, Jack, is $40,000. Given the following expenses, what is the couples maximum medical tax credit?
Graces net income is $60,000 while that of her husband, Jack, is $40,000. Given the following expenses, what is the couples maximum medical tax credit? The cut-off for 2022 was $2,479 or 3% of net income. Expense $ Medical insurance premium 990 Dental work 1,200 Over-the-counter drugs 106 a) Zero b) $58.50 c) $148.50 d) $164.40
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