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Julia Sims has $28,000 of adjusted gross income and $4,480 of medical expenses. She will be itemizing her tax deductions this
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Answer #1

Answer:- Tax deduction for medical expenses - $1,680

A Total Medical Expenses $4,480
B Medical expenses do not count for deduction (working note 1) $2,800
C Tax Deduction for medial expenses (A-B) $1,680

Working note (1)

A. Total adjusted gross income $28,000
B. Medical expense floor 10%
C. Medical expenses that will not be counted for deduction (A*B) $2,800
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