36. instructions : Choose the best multiple choice answer and explain why you ch

Question

36. instructions : Choose the best multiple choice answer and explain why you chose the answer. MUST provide 2-3 sentence brief explanation and show all work. All sources must be noted.

____   36.   Liz, who is single, travels frequently on business. Art, Liz’s 84-year-old dependent grandfather, lived with Liz until this year when he moved to Granite Falls Nursing Home because he needs daily medical and nursing care. During the year, Liz made the following payments to Granite Falls on behalf of Art:

Room at Granite Falls

$36,300

Meals for Art

7,260

Doctor and nurse fees

5,610

Cable TV service for Art’s room

      660

Total

$49,830

Granite Falls has medical staff in residence. Disregarding the 7.5% floor, how much, if any, of these expenses qualifies as a medical expense deduction by Liz?

a.

$5,610.

b.

$41,910.

c.

$49,170.

d.

$49,830.

e.

None of the above.

Room at Granite Falls

$36,300

Meals for Art

7,260

Doctor and nurse fees

5,610

Cable TV service for Art’s room

      660

Total

$49,830

Explanation / Answer

Answer :- C. $49,170

Explanation :- The amount that qualifies for the medical expense deduction is $49,170 ($36300+$7260+$5610). The room and board for granite falls qualifies because the move was motivated by arts need for medical care. The cable TV fee is a personal expenses.

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