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Simpson is a single individual under 65 who is employed full-time by Duff Corporation. This year Simpson reports AGI of $52,000 and has incurred the
Simpson is a single individual under 65 who is employed full-time by Duff Corporation. This year Simpson reports AGI of $52,000 and has incurred the following medical expenses: Dentist charges $ 1,740 Physician's charges 2,190 Optical charges 515 Cost of eyeglasses 495 Hospital charges 3,600 Prescription drugs 285 Over-the-counter drugs 860 Medical insurance premiums (not through an exchange) 1,220 a. Calculate the amount of medical expenses that will be included with Simpson's itemized deductions after any applicable limitations.
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