Question

George and Susan are married , ages 33 and 32 , and together have AGI OF 100,000 in 2020. They file a return . employed . They paid $ 8,000 for a high deductible family health insurance policy . During the year they paid 200 doctor and prescription medicine , and $ 200 on nonprescription medicines . Susan was injured in an auto accident in 2020 spent and dentis bills , $ 5,000 was spent on cosmetic surgery due to the auto accident . Neither George nor Susan use insulin Determine the allowable for medical expenses in 2020 before the 7.5 % of adjusted gross deduction a)$ 10,400

b)$11,200

c)$16,200

d)$16,400

Answer 1

Anbswer: 16,200

Before the adjustred gross deduction the medical allowance are

Joint filing have a medical allowance of married filing jointly is

Total deduction for joint = 24400

Now deducitble amount = $ 8000 (paid for family health insurance)

and for prescetive and doctor paid = $ 200

Now allowance for medical expense $ (24400 - 8000 - 200) = $ 16,200

cosmetic surgery are not allowed to medical deduction $ 5,000

And also non prescibed medicine bill is not allowed..$ 200