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Mr. E, a 50-year old, single taxpayer, had an adjusted gross income of $10,000 for the current year. In addition, he paid the following expenses:
Mr. E, a 50-year old, single taxpayer, had an adjusted gross income of $10,000 for the current year. In addition, he paid the following expenses:
- Surgeon’s fee (outpatient.................................................... $600
- Psychiatrist fee..................................................................... 700
- Hospital bill as follows:
Medical services................................................................ 300
Meals in hospital.............................................................. 200
Hospital room charge......................................................... 500 - Transportation to/from doctor’s office and hospital.................. 50
- Contact lenses...................................................................... 200
- Prescription drugs.................................................................. 80
- Vitamins for general health..................................................... 60
- Weight-loss program............................................................ 300
- Chiropractor’s fee................................................................ 400
Mr. E also paid $900 for medical insurance premiums and received reimbursement of $850 from the insurance company on claims for the above expenses. Compute Mr. E’s current-year medical deduction for Schedule A.
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Section 213 allows a deduction for medical care expenses to the extent that the...Get Instant Access to Expert-Tailored Solutions
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