Question
Shaun and Reina are married and file jointly. They are both 64 years old. Shaun and Reina are not business owners. Their AGI in 2021
Shaun and Reina are married and file jointly. They are both 64 years old. Shaun and Reina are not business owners. Their AGI in 2021 is $35014. They incurred $4734 in out- of- pocket medical expenses. What is the medical deduction amount that Shaun and Reina will enter on their California tax return? (a) Medical expenses that exceed the 7.5%-of-AGI floor ($2,626) equal $2108 (b) Medical expenses that exceed the 10%-of-AGI floor ($3501) equal $1233 (c)Shaun and Reina can deduct $4734 because they are not subject to any limits. (d) Since Californians are not required to claim only the standard deduction, Shaun and Reina's medical deduction is zero
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