Marilyn, age 38, is employed as an architect. For calendar year 2023, she had AGI of $100,000 and paid the following medical expenses: Medical insurance premiums Doctor bills for Peter and Esther (Marilyn's parents) $7,500 6,500 Doctor and dentist bills for Marilyn 10,500 Prescription medicines for Marilyn 750 900 400 Nonprescription insulin for Marilyn Over-the-counter medicine Peter and Esther would qualify as Marilyn's dependents except that they file a joint return. Marilyn's medical insurance policy does not cover them. Marilyn filed a claim for reimbursement of $9,000 of her own expenses with her insurance company in November 2023 and received the reimbursement in December 2023. What is Marilyn's maximum allowable medical expense deduction for 2023?
Marilyn, age 38, is employed as an architect. For calendar year 2023, she had AGI of $100,000 and paid the following medical expenses: Medical insurance premiums Doctor bills for Peter and Esther (Marilyn's parents) $7,500 6,500 Doctor and dentist bills for Marilyn 10,500 Prescription medicines for Marilyn 750 900 400 Nonprescription insulin for Marilyn Over-the-counter medicine Peter and Esther would qualify as Marilyn's dependents except that they file a joint return. Marilyn's medical insurance policy does not cover them. Marilyn filed a claim for reimbursement of $9,000 of her own expenses with her insurance company in November 2023 and received the reimbursement in December 2023. What is Marilyn's maximum allowable medical expense deduction for 2023?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:Marilyn, age 38, is employed as an architect. For calendar year 2023, she had AGI of $100,000 and paid the following medical expenses:
Medical insurance premiums
Doctor bills for Peter and Esther (Marilyn's parents)
$7,500
6,500
Doctor and dentist bills for Marilyn
10,500
Prescription medicines for Marilyn
750
900
400
Nonprescription insulin for Marilyn
Over-the-counter medicine
Peter and Esther would qualify as Marilyn's dependents except that they file a joint return. Marilyn's medical insurance policy does not cover them. Marilyn filed a claim for
reimbursement of $9,000 of her own expenses with her insurance company in November 2023 and received the reimbursement in December 2023. What is Marilyn's maximum
allowable medical expense deduction for 2023?
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