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Reggie, who is 55, had AGI of $32,000 in 2020. During the year, he paid the following medical expenses: Drugs (prescribed by physicians) Marijuana (prescribed
Reggie, who is 55, had AGI of $32,000 in 2020. During the year, he paid the following medical expenses: Drugs (prescribed by physicians) Marijuana (prescribed by physicians) Health insurance premiums-after taxes Doctors' fees Eyeglasses Over-the-counter drugs $ 500 1,400 850 1,250 375 200 Required: Reggie received $500 in 2020 for a portion of the doctors' fees from his insurance. What is Reggie's medical expense deduction? Medical expense deduction Mickey is a 12-year-old dialysis patient. Three times a week for the entire year, he and his mother, Sue, drive 20 miles one way to Mickey's dialysis clinic. On the way home, they go 10 miles out of their way to stop at Mickey's favorite restaurant Their total round trip is 50 miles per day. Required: How many of those miles, if any, can Sue use to calculate an itemized deduction for transportation? Use the mileage rate in effect for 2020 to compute itemized deduction. (Round your "Itemized deduction" answer to 2 decimal places.) Number of miles to be used Itemized deduction
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