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

Grace's net income is $60,000 while that of her husband, Jack, is $40,000. Given the following expenses, what is the couple's maximum medical tax credit? The cut-off for 2022 was $2,479 or 3% of net income. a) Zero b) $58.50 c) $148.50 d) $164.40