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Mr. Moore incurred qualifying medical expenses of $4,528 and has net income for tax purposes of $86,287 in the current year. Mr. Moore is single
Mr. Moore incurred qualifying medical expenses of $4,528 and has net income for tax purposes of $86,287 in the current year. Mr. Moore is single and has no dependents. Assume that the current year limitation for the medical tax credit is $2,500. What is the medical expense tax credit for Mr. Moore under these assumptions?
A.
$2,589
B.
$291
C.
$679
D.
$304
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