Caleb's medical expenses before reimbursement for the year include the following: Caleb's AGI for the year is $50,000. He is single and age 58. Caleb also receives a reimbursement for medical expenses of $1,000. Caleb's deductible medical expenses that will be added to the other itemized deduction will be
A) $10,350.
B) $9,100.
C) $14,100.
D) $15,100.

Question

Caleb's medical expenses before reimbursement for the year include the following:  Caleb's AGI for the year is $50,000. He is single and age 58. Caleb also receives a reimbursement for medical expenses of $1,000. Caleb's deductible medical expenses that will be added to the other itemized deduction will be
A) $10,350. 
B) $9,100. 
C) $14,100. 
D) $15,100.

Quizplus · Accepted Answer

($11,000 + $3,500 + $600 - $1,000) - 5,000 ($50,000 × 0.10) = $9,100

Caleb's Medical Expenses Before Reimbursement for the Year Include the Following