Schedule of Standard Deductions 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) 24,000 18,000 12,000 12,000 $1,300* $1,600* 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) $1,050. * These amounts are $2,600 and $3,200, respectively, for a taxpayer who is both aged and blind. Print Print Done Done A More Info After incurring $10,000 of medical expenses at the hospital, the doctor recommended that Carla install a pool at her home for therapy. The pool cost $31,000 to install and increased the value of her home by $29,000. She spent $940 maintaining the pool in 2018 and $1,070 in 2019. Carla also purchased a wheelchair on December 28, 2018, for $2,900, which she charged to her credit card. She paid her credit card bill on January 6, 2019. She also purchased a hospital bed for $4,600 but did not pay for the bed until 2019. Carla paid her physical therapist $3,900 for services performed in 2019. Carla paid $600 in medical insurance premiums on an after-tax basis in both 2018 and 2019. In 2019, the insurance company reimbursed Carla $11,500 for her hospital stay in 2018. Her AGI for 2018 and 2019 is $46,000 and $51,000, respectively, not considering any of the above items. Print Print Done Done usalu UICITICAORATISWel. A Requirements a. What is Carla's taxable income for 2018? b. What is Carla's medical expense deduction for 2019? How does she treat the reimbursement? Print Print Done In 2018, Carla, a single taxpayer with no dependents, was severely hurt in a farm accident. Carla is 38 Carla has no other itemized deductions in either year. years old. The accident left Carla's legs 85% paralyzed. 5 (Click the icon to view the standard deduction schedule.) (Click the icon to view additional information on expenses paid.) Read the requirements. Begin by calculating the qualified medical expense deduction for 2018. (If an input field is not used in the table leave the input field(s) empty; do not select a label or enter a zero.) Medical expenses Less: Qualified medical expense deduction Schedule of Standard Deductions 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) 24,000 18,000 12,000 12,000 $1,300* $1,600* 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) $1,050. * These amounts are $2,600 and $3,200, respectively, for a taxpayer who is both aged and blind. Print Print Done Done A More Info After incurring $10,000 of medical expenses at the hospital, the doctor recommended that Carla install a pool at her home for therapy. The pool cost $31,000 to install and increased the value of her home by $29,000. She spent $940 maintaining the pool in 2018 and $1,070 in 2019. Carla also purchased a wheelchair on December 28, 2018, for $2,900, which she charged to her credit card. She paid her credit card bill on January 6, 2019. She also purchased a hospital bed for $4,600 but did not pay for the bed until 2019. Carla paid her physical therapist $3,900 for services performed in 2019. Carla paid $600 in medical insurance premiums on an after-tax basis in both 2018 and 2019. In 2019, the insurance company reimbursed Carla $11,500 for her hospital stay in 2018. Her AGI for 2018 and 2019 is $46,000 and $51,000, respectively, not considering any of the above items. Print Print Done Done usalu UICITICAORATISWel. A Requirements a. What is Carla's taxable income for 2018? b. What is Carla's medical expense deduction for 2019? How does she treat the reimbursement? Print Print Done In 2018, Carla, a single taxpayer with no dependents, was severely hurt in a farm accident. Carla is 38 Carla has no other itemized deductions in either year. years old. The accident left Carla's legs 85% paralyzed. 5 (Click the icon to view the standard deduction schedule.) (Click the icon to view additional information on expenses paid.) Read the requirements. Begin by calculating the qualified medical expense deduction for 2018. (If an input field is not used in the table leave the input field(s) empty; do not select a label or enter a zero.) Medical expenses Less: Qualified medical expense deduction