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Jon, age 45 had adjusted gross income of $26.000 in 2015. During the year, he incurred and paid the following medical expenses: Jon received $900

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Jon, age 45 had adjusted gross income of $26.000 in 2015. During the year, he incurred and paid the following medical expenses: Jon received $900 in 2015 as a reimbursement for a portion of the doctors fees. If Jon were to itemize his deductions. what would be his allowable medical expense deduction after the adjusted gross income limitation is taken into account? a. $0 b. $425 c. $1,000 e. None of the above Which of the following is not considered a deductible medical expense? a. A face lift b. Eye exams c. Prescription drugs d. Medical insurance During the current year, Mary paid the following expenses: what is the total amount of medical expenses (before considering the limitation based on adjusted gross income), that would enter into the calculation of itemized deductions on Mary's current year income tax return? a. $700 b. $1, 190 c. $1,450 d. $1, 580 e. None of the above Which of the following correct for Qualified Tuition Program for 2015? a. Contributions are deductible and qualified educational expense distributions are tax-free b. Contributions are not deductible and qualified educational expense distributions are tax- free. Contributions are deductible and qualified educational expense distributions are taxable. Contributions are not deductible and qualified educational expense distributions are taxable. Damage resulting from which of the following would probably not give rise to a casualty loss deduction? a. Automobile accident b. Earthquake c. Flood d. Rust e. fire

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