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Itemized Deductions (LO. 4) Rebecca and Irving incur the following medical expenses during the 2020 tax year. Medical insurance premiums $4,500 Hospital 950 Doctors 1,925

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Itemized Deductions (LO. 4) Rebecca and Irving incur the following medical expenses during the 2020 tax year. Medical insurance premiums $4,500 Hospital 950 Doctors 1,925 525 Dentist Veterinarian 170 Chiropractor 220 Cosmetic surgery 1,450 Over-the-counter drugs 165 195 Prescription drugs Crutches 105 They receive $4,000 in reimbursements from their insurance company of which $300 is for the cosmetic surgery. Refer to Exhibit 8-2 to answer the following questions, Round interim and final computations to the nearest whole dollar. If an amount is zero, enter "O". What is their medical expense deduction if their adjusted gross income is the following: a. Adjusted gross income of $59,500. Their medical expense deductions 307 b. Adjusted gross income of $65.000. Their medical expense deductions X

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