Question
Simpson, age 45, is a single individual who is employed full time by Duff Corporation.This year Simpson reports AGI of $55,000 and has incurred the
Simpson, age 45, is a single individual who is employed full time by Duff Corporation.This year Simpson reports AGI of $55,000 and has incurred the following medical expenses:
Dentist charges | $ 1,370 |
---|---|
Physician charges | 2,630 |
Optical charges | 655 |
Cost of eyeglasses | 345 |
Hospital charges | 4,150 |
Prescription drugs | 685 |
Over-the-counter drugs | 725 |
Medical insurance premiums (not through an exchange) | 1,260 |
A)What amount of medical expenses will he realize in his itemized deductions:
I originally got 11,095, but that is incorrect. I know that hospital charges, prescription drugs, and medical insurance premiums are included, but I did not know about eyeglasses and optical. I thought that dentist and physician charges are included but I am not sure.
B) He was then reimbursed $250 for physicians charges and $1,200 for hospital costs. Calculate the medical expenses that will be recognized in itemized.
I did not get this one, but it relies on part A.
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