Question
Jon, age 45, had adjusted gross income of $25,000 in 2015. During the year, he incurred and paid the following medical expenses: Drugs and medicines
Jon, age 45, had adjusted gross income of $25,000 in 2015. During the year, he incurred and paid the following medical expenses:
Drugs and medicines (Rx) prescribed by doctors : $ 300
Health care insurance premiums : $ 750
Doctors' fees for services: $ 2250
Eyeglasses : $ 75
Jon received $900 in 2015 as a reimbursement for a portion of the doctor's fees. If Jon were to itemize his deductions, what would be his allowable medical expense deduction after the adjused gross income (AGI) limitation is taken into account?
a. $ 0
b. $ 425
c. $ 600
d. $ 1000
e. None of the above
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