please complete both requirements. Thank you very much.
Carol has no other itemized deductions in either year. (Click the icon to view the standard deduction schedule.) In 2019, Carol, a single taxpayer with no dependents, was severely hurt in a farm accident. Carol is 38 years old. The accident left Carol's legs 85% paralyzed. (Click the icon to view additional information on expenses paid.) Read the requirements Requirement a. What is Carol's taxable income for 2019? Begin by calculating the qualified medical expense deduction for 2019. (If an input field is not used in the table leave the input field(s) ompty; do not select a label or enter a zero.) Choose from any list or enter any number in the input fields and then click Check Answer In 2019, Carol, a single taxpayer with no dependents, was severely hurt in a farm accident. Carol is 38 years old. The accident left Carol's legs 85% paralyzed. (Click the icon to view additional information on expenses paid.) Carol has no other itemized deductions in either year. (Click the icon to view the standard deduction schedule.) Read the requirements. Medical expenses Less Qualified medical expense deduction Choose from any list or enter any number in the input fields and then click Check Answer Inl se ad 1 Schedule of Standard Deductions STANDARD DEDUCTION Filing Status Married individuals filing joint returns and surviving spouses $ 24,400 Heads of households S 18,350 Unmarried individuals (other than surviving spouses and heads of households) $ 12,200 Married individuals filing separate returns $ 12,200 Additional standard deduction for the aged and the blind; Individual who is married and surviving spouses $1,300 Additional standard deduction for the aged and the blind: Individual who is unmarried and not a surviving spouse $1,650 Taxpayer claimed as dependent on another taxpayer's return: Greater of (1) earned income plus $350 or (2) $1,100. These amounts are $2,600 and $3,300, respectively, for a taxpayer who is both aged and blind. CH Print Done 3 Carol has no other itemized deductions in either year. (Click the icon to view the standard deduction schedule.) In 2019, Carol, a single taxpayer with no dependents, was severely hurt in a farm accident. Carol is 38 years old. The accident left Carol's legs 85% paralyzed. (Click the icon to view additional information on expenses paid.) Read the requirements * Requirements a. What is Carol's taxable income for 2019? b. What is Carol's medical expense deduction for 2020? How does she treat the reimbursement? Medical expenses Less: Print Done Qualified medical Choose from any list or enter any number in the input fields and then click Check Answer i More Info 2019, Carol, a verely hurt in a cident left Card (Click the ico id.) ther year - Xuction schedule. After incurring $10,000 of medical expenses at the hospital, the doctor recommended that Carol install a pool at her home for therapy. The pool cost $34,000 to install and increased the value of her home by $32,000. She spent $960 maintaining the pool in 2019 and $1.110 in 2020. Carol also purchased a wheelchair on December 28, 2019, for $2,900, which she charged to her credit card. She paid her credit card bill on January 6, 2020. She also purchased a hospital bed for $3,700 but did not pay for the bed until 2020. Carol paid her physical therapist $4,500 for services performed in 2020. Carol paid $900 in medical insurance premiums on an after-tax basis in both 2019 and 2020. In 2020, the insurance company reimbursed Carol $10,200 for her hospital stay in 2019. Her AGI for 2019 and 2020 is $42,000 and $50,000, respectively, not considering any of the above items. Note: At the time the book was printed, the percentage of AGI was 10% for 2019. In Dec. 2019, the rate changed to 7.5%, 10% was used for this question, Medical expense Less: Qualified medica Choose from any Print Done 7swer parts remaining In 2019. Carol a single taxpayer with no dependents, was severely hurt in a farm accident Carolis 38 years old. The accident loft Carol's legs 85% paralyzed click the icon to view additional information on expenses poid) Carol has no other itemized deductions in other year (Click the icon to view the standard deduction schedule) Road the requirements Requirement a. What is Carol's taxable income for 2019? Bogin by calculating the qualified medical expense deduction for 2010. (If an input field is not used in the table leave the input field(s) ompty: do not necta label or entor a zero) Medical expono Choose from any list or enter any number in the input fields and then click Check Answer Clear All Ch 3 parts remaining In 2019. Carol, a single taxpayer with no dependents, was severely hurt in a farm accident. Carol is 38 years old. The accident loft Carol's legs 85% paralyzed. (Click the icon to view additional information on expenses paid.) Carol has no other itemized deductions in either year (Click the icon to view the standard deduction schedule) Read the requ.coments Medical expenses Less Qualified medical expense deduction Choose from any list or enter any number in the input fields and then click Check Answer Clear All parts remaining milar to) Carol has no other itemized deductions in other yoar (Click the icon to view the standard deduction schedule.) single taxpayer with no dependents, was severely hurt in a farm accident. Carol is 38 ident left Carol's legs 85% paralyzed to view additional information on expenses paid) Read the requirements What is Carol's taxable income for 2019? labol or enter a zoro ) ing the qualified medical expense deduction 0 Requirements a. What is Carol's taxable income for 2019? b. What is Carol's medical expense deduction for 2020? How does she treat the reimbursement? Print Done ny list or enter any number in the input fields and then click Check Answer Clear All Carol has no other itemized deductions in either year with no dependents, was severely hurt in a farm accident. Carol is 38 lel al i Schedule of Standard Deductions med STANDARD DEDUCTION Filing Status Married individuals filing joint returns and surviving spouses Heads of households Unmarried individuals (other than surviving spouses and heads of households) Married individuals filing separate returns Additional standard deduction for the aged and the blind; Individual who is married and surviving spouses Additional standard deduction for the aged and the blind; Individual who is unmarried and not a surviving spouse Taxpayer claimed as dependent on another taxpayer's return: Greater of (1) earned income plus $350 or (2) S1,100. * These amounts are $2,600 and $3,300, respectively, for a taxpayer who is both aged and blind. $ 24,400 $ 18,350 $ 12.200 $ 12,200 $1,300 $1.650 any na Print Done Chec Tier year dependents, was ses 5% paralyzed rmation on expenses - X ption schedul * More Info income for 2019? al expense deduction a label or ente After incurring $10,000 of medical expenses at the hospital, the doctor recommended that Carol install a pool at her home for therapy. The pool cost $34,000 to install and increased the value of her home by $32,000. She spent $960 maintaining the pool in 2019 and $1,110 in 2020. Carol also purchased a wheelchair on December 28, 2019, for $2,900, which she charged to her credit card. She paid her credit card bill on January 6, 2020. She also purchased a hospital bed for $3,700 but did not pay for the bed until 2020. Carol paid her physical therapist $4,500 for services performed in 2020. Carol paid $900 in medical insurance premiums on an after-tax basis in both 2019 and 2020. In 2020, the insurance company reimbursed Carol $10,200 for her hospital stay in 2019. Her AGI for 2019 and 2020 is $42,000 and $50,000, respectively, not considering any of the above items, Note: At the time the book was printed, the percentage of AGI was 10% for 2019. In Dec. 2019, the rate changed to 7.5%, 10% was used for this question mber in the input field Print Done