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Need the answers for questions 11,12,13 George and Sue are married, are both employees, and together have AGI of $100,000. They have two dependents and

Need the answers for questions 11,12,13 image text in transcribed
George and Sue are married, are both employees, and together have AGI of $100,000. They have two dependents and file a joint return. Each pays $1, 800 for hospitalization insurance. During the year, they paid the following amounts for medical care; $9, 500 in doctor and dentist bills and hospital expenses and $600 for prescribed medicine and drugs. In December, they received an insurance reimbursement of $2, 500 for hospitalization. Determine the deduction allowable for medical expenses paid during the year. a. $11, 200. b. $3.700. c. $1, 200. d. $3.100. e. None of the above. Upon the recommendation of a physician. Hark has an air filtration system installed in his personal residence. He suffers from severe allergy problems. In connection with this matter, Mark incurs and pays the following amounts during the current year: Filtration system and cost of installation $7,000 Increase in utility bills due to the system 800 The system has an estimated useful life of 5 years. The appraisal was to determine the value of Mark' s residence with and without the system. The appraisal states that the system increased the value of Mark' s residence by $700. Expenses qualifying for the medical deduction in the current year total: a. $7,000. b. $7, 100. c. $7, 700. d. $8, 050. e. None of the above. During the current year, Justin, a self-employed individual, paid the following amounts: Federal income tax $5,000 State income tax 3,000 Real estate taxes on home in Europe 800 State sales taxes 600 What is the maximum amount Justin can claim as taxes by itemizing deductions/from AGI? a. $3,000. b. $3, 400. c. $3, 600. d. $3, 800. e. None of the above

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