Question 1

All of the following are deductible as medical expenses except

Accepted Answer

Vitamins and health foods that improve a taxpayer's general health are not deductible as medical expenses because they are considered personal expenses rather than necessary medical expenses.

Question 2

In 2018, Sela traveled from her home in Flagstaff to San Francisco to seek specialized medical care. Because she w unable to travel alone, her father accompanied her. Total expenses included:  The total medical expenses deductible before the 7.5% limitation are

Accepted Answer

The answer of In 2018, Sela traveled from her home...

Question 3

Linda had a swimming pool constructed at her house. Her physician advised and prescribed to her that the pool would slow the effects of her degenerative disease. The pool was not suitable for recreational use. Prior to the construction of the pool, the fair market value of her house was $172,000. After the construction of the pool, the appraised fair market value of the house was $181,000. The cost of the pool was $13,000. What is the amount of Linda's qualified medical expense (before considering limits based on AGI)?

Accepted Answer

The qualified medical expense is the cost of the pool minus the increase in the fair market value of the house. $13,000 (cost of the pool) - $9,000 (increase in value) = $4,000.

Question 4

Assessments or fees imposed by the government for specific privileges or services are not deductible as taxes.

Accepted Answer

Assessments or fees imposed by the government for specific privileges or services are not considered tax deductions.

Question 5

Leo spent $6,600 to construct an entrance ramp and to widen doorways in his personal residence to make the home accessible for his wife, who is disabled and confined to a wheelchair. The $6,600 expenditure increased the value of the residence by $2,000. How much of the $6,600 is a deductible medical expense (before considering limits based on AGI)?

Accepted Answer

The answer of Leo spent $6,600 to construct an entrance...

Question 6

Explain under what circumstances meals and lodging en route to a medical facility may be deductible.

Accepted Answer

The answer of Explain under what circumstances meals and lodging...

Question 7

A personal property tax based on the weight of the property is deductible.

Accepted Answer

The answer of A personal property tax based on the...

Question 8

Alan, who is a security officer, is shot while on the job. As a result, Alan suffers from a chronic leg injury and mu wheelchair and undergo therapy to regain and retain strength. Alan's physician recommends that he install a wh bath in his home for therapy. During the year, Alan makes the following expenditures:  A professional appraiser tells Alan that the whirlpool has increased the value of his home by $1,000. Alan's dedu medical expenses (before considering limitations based on AGI) will be

Accepted Answer

The answer of Alan, who is a security officer, is...

Question 9

Foreign real property taxes and foreign income taxes are not deductible as itemized deductions.

Accepted Answer

The answer of Foreign real property taxes and foreign income...

Question 10

Discuss the timing of the allowable medical expense deduction.

Accepted Answer

The answer of Discuss the timing of the allowable medical...

Question 11

All of the following payments for medical items are deductible with the exception of the payment for

Accepted Answer

Nonprescription medicines are generally not deductible, even if they are used to treat a specific medical condition.

Question 12

Caleb's 2018 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 exp $1,000. Caleb's deductible medical expenses that will be added to the other itemized deduction will be

Accepted Answer

The answer of Caleb's 2018 medical expenses before reimbursement for...

Question 13

Mr. and Mrs. Gere, who are filing a joint return, have adjusted gross income of $50,000 in 2018. During the tax ye they paid the following medical expenses for themselves and for Mrs. Gere's mother, Mrs. Williams. The Gere's c claim Mrs. Williams as their dependent, but she has too much gross income.  Mr. and Mrs. Gere (both age 40) received no reimbursement for the above expenditures. What is the amount of t deductible itemized medical expenses?

Accepted Answer

The answer of Mr. and Mrs. Gere, who are filing...

Question 14

Mr. and Mrs. Thibodeaux (both age 35), who are filing a joint return, have adjusted gross income of $100,000 in 2018. During the tax year, they paid the following medical expenses for themselves and for Mrs. Thibodeaux's mother, Mrs. Watson (age 63). Mrs. Watson provided over one- half of her own support.  Mr. and Mrs. Thibodeaux received no reimbursement for the above expenditures. What is the amount of their deductible itemized medical expenses?

Accepted Answer

The answer of Mr. and Mrs. Thibodeaux (both age 35),...

Question 15

A review of the 2018 tax file of Gregory, a single taxpayer who is age 40, provides the following information reg Gregory's 2018 tax status:  In 2019, Gregory receives a reimbursement for last year's medical expenses of $1,200. As a result, Gregory must

Accepted Answer

The answer of A review of the 2018 tax file...

Question 16

Patrick and Belinda have a twelve- year- old son, Aidan, who is autistic. Patrick and Belinda pay tuition of
$20,000 annually for Aidan to attend a school for autistic children. What tax issues should be considered? What additional information would you need?

Accepted Answer

The answer of Patrick and Belinda have a twelve- year-...

Question 17

Mitzi's 2018 medical expenses include the following:  Mitzi's AGI for the year is $33,000. She is single and age 49. None of the medical costs are reimbursed by insuran considering the AGI floor, Mitzi's medical expense deduction is

Accepted Answer

The answer of Mitzi's 2018 medical expenses include the following:...

Question 18

Van pays the following medical expenses this year: • $1,500 for doctor bills for Van's son who is claimed as a dependent by Van's former spouse.
• $300 for Van's eyeglasses.
• $900 for Van's dental work.
• $3,800 for Van's face lift. Van, a newscaster, is worried about the wrinkles around his eyes.
How much can Van include on his return as qualified medical expenses before limitation?

Accepted Answer

Van can include $300 for eyeglasses and $900 for dental work as qualified medical expenses. The $1,500 for his son's doctor bills cannot be included because the son is not his dependent, and the $3,800 for the face lift is not a qualified medical expense as it is cosmetic.

Question 19

If a medical expense reimbursement is received in a year after a deduction has been taken on a previous year's return, the previous year's return must be amended to eliminate the reimbursed expense.

Accepted Answer

The answer of If a medical expense reimbursement is received...

Question 20

Explain when the cost of living in an institution other than a hospital may be deductible.

Accepted Answer

The answer of Explain when the cost of living in...

Quiz 16: Tax Deductions and Travel Expenses for Employees and Self-Employed Individuals

All of the following are deductible as medical expenses except

In 2018, Sela traveled from her home in Flagstaff to San Francisco to seek specialized medical care. Because she w unable to travel alone, her father accompanied her. Total expenses included: The total medical expenses deductible before the 7.5% limitation are