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Simpson, age 45, is a single individual who is employed full time by Duff Corporation. This year Simpson reports AGI of $58,400 and has incurred
Simpson, age 45, is a single individual who is employed full time by Duff Corporation. This year Simpson reports AGI of $58,400 and has incurred the following medical expenses:
Dentist charges | $ 1,070 |
---|---|
Physician charges | 1,910 |
Optical charges | 965 |
Cost of eyeglasses | 410 |
Hospital charges | 4,100 |
Prescription drugs | 535 |
Over-the-counter drugs | 470 |
Medical insurance premiums (not through an exchange) | 795 |
b. Suppose that Simpson was reimbursed for $270 of the physician's charges and $3,200 for the hospital costs. Calculate the amount of medical expenses that will be included with Simpson's itemized deductions after any applicable limitations.
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