Simpson, age 45, is a single individual who is employed full time by Duff Corporation. This year Simpson reports AGI of $50,000 and has incurred the following medical expenses:   Dentist charges $ 900 Physician charges 1,800 Optical charges 500 Cost of eyeglasses 300 Hospital charges 2,100 Prescription drugs 250 Over-the-counter drugs 450 Medical insurance premiums (not through an exchange) 775 Calculate the amount of medical expenses that will be included with Simpson's itemized deductions after any applicable limitations.

CONCEPTS IN FED.TAX.,2020-W/ACCESS
20th Edition
ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter8: Taxation Of Individuals
Section: Chapter Questions
Problem 30P
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Simpson, age 45, is a single individual who is employed full time by Duff Corporation. This year Simpson reports AGI of $50,000 and has incurred the following medical expenses:

 

Dentist charges $ 900
Physician charges 1,800
Optical charges 500
Cost of eyeglasses 300
Hospital charges 2,100
Prescription drugs 250
Over-the-counter drugs 450
Medical insurance premiums (not through an exchange) 775

Calculate the amount of medical expenses that will be included with Simpson's itemized deductions after any applicable limitations.

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