Problem 5-16 Medical Expenses (LO 5.6) In 2022, Margaret and John Murphy (both over age 65) are married taxpayers who file a joint tax return with AGI of $27,507. During the year they incurred the following expenses: If required, round any amount to the nearest dollar. Enter all amounts as positive numbers. Feedback Check My Work Medical expenses are the first itemized deduction on Schedule A. Taxpayers are allowed a deduction for the medical expenses paid for themselves, their spouse, and dependents. equipment purchased and installed in the taxpayer's home for medical reasons may also be deductible. Unreimbursed medical expenses can only be deducted to the extent that they exceed 7.5 percent of the taxpayer's AGI