Marilyn,Ed's daughter who would otherwise qualify as his dependent,filed a joint return with her husband Henry.Ed,who had AGI of $150,000,incurred the following expenses: Ed has a medical expense deduction of:

Question

Marilyn,Ed's daughter who would otherwise qualify as his dependent,filed a joint return with her husband Henry.Ed,who had AGI of $150,000,incurred the following expenses:  Ed has a medical expense deduction of:

Quizplus · Accepted Answer

Ed's medical expenses exceed 7.5% of his AGI, which is $11,250 ($150,000 * 7.5%). Since Marilyn filed a joint return with her husband, she and her husband's expenses are combined for purposes of calculating whether they have met the threshold for deducting medical expenses. Therefore, Ed can deduct the amount by which his total medical expenses ($12,500) exceed the threshold ($11,250), which is $1,250.

Marilyn,Ed's Daughter Who Would Otherwise Qualify as His Dependent,filed a Joint