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What is Barbara's medical expense deduction for 2021? This computation is incorrect: ($2,200 + $2,260) - (7.5% * $41,700) = 1332.5 rounded to the nearest
What is Barbara's medical expense deduction for 2021? This computation is incorrect: ($2,200 + $2,260) - (7.5% * $41,700) = 1332.5 rounded to the nearest dollar ($1,333) is incorrect.
I also input $3,127.5 (7.5% * $41,700) rounded to the nearest dollar which is also incorrect.
I also input $4,460 ($2,200 + $2,260) which is also incorrect.
Please help.
Barbara incurred the following expenses during 2021:$1,315 dues at a health club she joined at the suggestion of her physician to improve her general physical condition, $565 for multiple vitamins and antioxidant vitamins, $2,200 for a smoking cessation program, $845 for nonprescription nicotine gum, $2,260 for insulin, and $8,725 for funeral expenses for her mother who passed away in June. Barbara's AGI for 2021 is $41,700. Which of these expenses may be included in computing the medical expense deduction? Select "May be included" or "May not be included", whichever is applicable. What is Barbara's medical expense deduction for 2021 ? If required, round your computations to the nearest dollarStep by Step Solution
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