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Required information [The following information applies to the questions displayed below.] Simpson is a single individual who is employed full-time by Duff Corporation. This year
Required information
[The following information applies to the questions displayed below.]
Simpson is a single individual who is employed full-time by Duff Corporation. This year Simpson reports AGI of $56,200 and has incurred the following medical expenses:
Dentist charges | $ | 1,820 |
Physician's charges | 2,040 | |
Optical charges | 855 | |
Cost of eyeglasses | 735 | |
Hospital charges | 2,350 | |
Prescription drugs | 340 | |
Over-the-counter drugs | 640 | |
Medical insurance premiums (not through an exchange) | 990 | |
|
a. Calculate the amount of medical expenses that will be included with Simpson's itemized deductions after any applicable limitations.
Medical expenses:_________________
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