in 2022, Marie and Bob Jones (both over 65) are ma led taxpayers AGI of $35,000. During the year they incurred the following expenses: Medical insurance premium $ Medical care lodging for two people Hospital bills Doctor bills Dentist bill Prescription drugs and medicines Glasses for Bob 1,200 80 2,200 250 250 500 325

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Ef 358.

5. In 2022, Marie and Bob Jones (both over 65) are married taxpayers who file a joint return with
AGI of $35,000. During the year they incurred the following expenses:
Medical insurance premium
$
Medical care lodging for two people
Hospital bills
Doctor bills
Dentist bill
1,200
80
2,200
250
250
500
325
Prescription drugs and medicines
Glasses for Bob
Premium for policy that the insured received $100 a
day when they are hospitalized
What is the Jones medical deduction for 2022? Please show your calculations.
400
Transcribed Image Text:5. In 2022, Marie and Bob Jones (both over 65) are married taxpayers who file a joint return with AGI of $35,000. During the year they incurred the following expenses: Medical insurance premium $ Medical care lodging for two people Hospital bills Doctor bills Dentist bill 1,200 80 2,200 250 250 500 325 Prescription drugs and medicines Glasses for Bob Premium for policy that the insured received $100 a day when they are hospitalized What is the Jones medical deduction for 2022? Please show your calculations. 400
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