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Itemized Deductions (LO. 4) Rebecca and Irving incur the following medical expenses during 2018: Medical insurance premiums $4,400 Hospital 995 Doctors 1,905 Dentist 600 Veterinarian
Itemized Deductions (LO. 4) Rebecca and Irving incur the following medical expenses during 2018: Medical insurance premiums $4,400 Hospital 995 Doctors 1,905 Dentist 600 Veterinarian 145 Chiropractor 210 Cosmetic surgery 1,580 Over-the-counter drugs 155 Prescription drugs 205 Crutches 110 They receive $4,065 in reimbursements from their insurance company of which $330 is for the cosmetic surgery. Refer to Exhibit 8-2 to answer the following questions. What is their medical expense deduction if their adjusted gross income is the following: a. Adjusted gross income of $42,000. Their medical expense deduction is $ b. Adjusted gross income of $56,000. Their medical expense deduction is $
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