Reggie is divorced and 45 years old. In 2019, he had AGI of $55,000. During the year, he incurred and paid the following medical costs:
Doctor and dentist fees | $ | 1,950 |
Prescription medicines | 275 | |
Medical care insurance premiums | 340 | |
Health club fee | 600 | |
Crutches for a sprained ankle | 50 | |
What is Reggie's medical expense deduction (after application of the adjusted gross income limitation) for his 2019 tax return?
Multiple Choice
$0.
$2,615.
$4,125.
Answer-:
$0
Explanation
7.5% of $55,000 = $4,125
$1,950 + 275 + 340 + 50 = $2,615
$2,615 < $4,125 so $0 is deductible.
According to Schedule A (Form 1040 or 1040-SR) you are allowed to deduct medical and dental care expenses you paid for yourself, your spouse, and your dependent for that year but not less than 7.5% of your Adjusted gross income.
There is nothing to do whether Reggie is divorced or not.
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