Zunilda is 77-year-old individual with an AGI of $25,000 in 2015. She began living in a nursing
Question:
Expense ________________________________________ Amount
Nursing home health care costs.....................................5,000
Nursing home meal and lodging costs.............................8,000
Prescription drugs....................................................1,500
As a result of these unreimbursed expenses, how much may Zunilda deduct from AGI on her 2015 tax return? Assume Zunilda elects to itemize deductions.
a. $12,000
b. $4,000
c. $12,625
d. $4,625
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
South Western Federal Taxation Individual Income Taxes 2017
ISBN: 9781305873988
40th Edition
Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young, Nellen
Question Posted: