Ann files single and reports AGI of $40,000. This year she has incurred the following medical expenses: Speech therapy 500 Dentist charges $ 1,000 Physicians' fees 2,800 Knee surgery 400 Cost of eyeglasses 250 Hospital charges 1,330 Prescription drugs 300 Over-the-counter drugs 75 Medical insurance premiums (not through an exchange) 1,200 Calculate the amount of medical expenses that will be included with Ann's itemized deductions.

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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Ann files single and reports AGI of $40,000. This year she has incurred the following medical expenses:
Speech therapy
500
Dentist charges
$ 1,000
Physicians' fees
2,800
Knee surgery
400
Cost of eyeglasses
250
Hospital charges
1,330
Prescription drugs
300
Over-the-counter drugs
75
Medical insurance premiums (not through an exchange)
1,200
Calculate the amount of medical expenses that will be included with Ann's itemized deductions.
Transcribed Image Text:Ann files single and reports AGI of $40,000. This year she has incurred the following medical expenses: Speech therapy 500 Dentist charges $ 1,000 Physicians' fees 2,800 Knee surgery 400 Cost of eyeglasses 250 Hospital charges 1,330 Prescription drugs 300 Over-the-counter drugs 75 Medical insurance premiums (not through an exchange) 1,200 Calculate the amount of medical expenses that will be included with Ann's itemized deductions.
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