Question
**Ted and Joyce, both employees of Orange Corporation, had the following items of income and expense for 20 Adjusted gross income $31,500 Medical insurance $500
**Ted and Joyce, both employees of Orange Corporation, had the following items of income and expense for 20 Adjusted gross income $31,500 Medical insurance $500 Doctor bilis $1,000 Prescription drugs $200 Hospital bills $1,000 Medical insurance reimbursement $1,200 State income tax 5950 Real estate taxes $775 Qualified residence interest $7,150 Personal interest $625 Contribution to church (by check) $450 Tax return preparation fee $225 Professional dues $600 Contribution of used goods to Goodwill $150 Contribution carryover from 20.1 $625 They file a joint income tax return. Calculate Ted and Joyce's itemized deductions using the worksheet below (assuming they elect to deduct their state income taxes). Medical expenses Insurance reimbursement Total Less percent of AGI 7.5% Medical Deduction Taxes Interest Contributions Miscellaneous (spolecnau Total Deductions
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