medical expenses to be reimbursed by insurance companies next year. How much can Jayden include in determining his itemized deductions for the current tax year? Disregard the %-of-AGI limitation floor in determining your answer.

How much can Jayden consider for deducting medical expenses before any AGI limitation?

Group of answer choices

$15,000.

$19,200.

$21,400.

$40,000.

Mark is a single taxpayer and works as a migrant fisherman. He has an Adjusted Gross Income of $100,000. Mark has the following personal expenses:

• Medical expenses: $10,500
• State taxes paid: $6,000
• Property taxes paid: $7,000
• Home mortgage interest: $5,500
• Charitable Contributions: $1,000

What is the maximum amount Mark can deduct after AGI limitations?

Group of answer choices

None, he is only eligible for the $12,550 standard deduction.

$19,500.

$27,000.

$30,000.