iommoca expenses $3,200 1,600 800 4,000 Hospital costs Doctor\'s bills Medicine
ID: 2590457 • Letter: I
Question
iommoca expenses $3,200 1,600 800 4,000 Hospital costs Doctor's bills Medicine and drugs Hospitalization insurance premiums In addition, they incurred the following medical expenses for Tom's mother who is totally dependent upon and lives with Tom and Shannon: $5,400 2,600 1,000 Cosmetic surgery (face-lift operation) Doctor's bills Medicines and drugs They live 10 miles from the medical center and made 20 trips there for doctor office visits and hospital stays this year. Tom and Shannon's adjusted gross income is $85,000. What is Tom and Shannon's medical expense deduction for this year?Explanation / Answer
Answer : Total medical expense deduction for this year is as follows
The medical expenses of Tom's mother are included in the below calculation
Please note : As per IRS publication mileage deduction for 2017 is 17 cent per mile. In answering the query this rate was applied, you may use the relevant year deduction rate for answering.
Cosmetic surgery is not allowed as it is a unnecessary expense.
Particular Calculation (in dollars) Hospitals cost 3,200 Doctors bill 4,200 Medicines and drugs 1,800 Insurance premium 4,000 Cosmetic Surgery 0 Mileage (400*.17) 68 Total Medical expense 13,268 Less AGI 10% 8,500 Medical Deduction for the year 4,768Related Questions
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