Answered step by step
Verified Expert Solution
Question
1 Approved Answer
In 2019 Mary received a $700 refund of previously paid medical expenses that she deducted on her 2018 tax return, Mary claimed $12,500 in totalitemized
In 2019 Mary received a $700 refund of previously paid medical expenses that she deducted on her 2018 tax return, Mary claimed $12,500 in totalitemized deductions including $4,500 in deductible medical expenses for the 2018 tax year. What amount of the refund, if any, should Mary include in her 2019 gross income? Multiple Choice $0 $4,500 O $700 0 $500
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started