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Required information Problem 7-22 (LO 7-1) (Algo) [The following information applies to the questions displayed below.] Simpson, age 45, is a single individual who is
Required information Problem 7-22 (LO 7-1) (Algo) [The following information applies to the questions displayed below.] Simpson, age 45, is a single individual who is employed full time by Duff Corporation. This year Simpson reports AGI of $55,600 and has incurred the following medical expenses: Dentist charges Physician charges Optical charges Cost of eyeglasses $ 1,490 2,600 750 435 Hospital charges 4,450 Prescription drugs 485 Over-the-counter drugs 815 Medical insurance premiums (not through an exchange) 1,085 Problem 7-22 Part-a (Algo) a. Calculate the amount of medical expenses that will be included with Simpson's itemized deductions after any applicable limitations
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