What is Barbara's medical expense deduction for 2020? If required, round your computations to the nearest dollar. 2,050 X
What is Barbara's medical expense deduction for 2020? If required, round your computations to the nearest dollar. 2,050 X
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Exercise 10-15 (Algorithmic) (LO. 2)
Barbara incurred the following expenses during 2020: $1,900 dues at a health club she joined at the suggestion of her physician to
improve her general physical condition, $530 for multiple vitamins and antioxidant vitamins, $5,000 for a smoking cessation program,
$575 for nonprescription nicotine gum, $2,280 for insulin, and $9,685 for funeral expenses for her mother who passed away in June.
Barbara's AGI for 2020 is $35,500.
Which of these expenses may be included in computing the medical expense deduction? Select "May be included" or "May not be
included", whichever is applicable.
$1,900 dues at a health club she joined at the suggestion of her
May not be included v
а.
physician to improve her general physical condition
b.
$530 for multiple vitamins and antioxidant vitamins
May not be included v
C.
$5,000 for a smoking cessation program
May be included v
d.
$575 for nonprescription nicotine gum
May not be included V
$2,280 for insulin
May be included v
е.
f.
$9,685 for funeral expenses
May not be included v
What is Barbara's medical expense deduction for 2020?
If required, round your computations to the nearest dollar.
2,050 x
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