John Jay is married and supports his mother, age 67. During the year, he paid $1,300 for prescription medicines for his mother (who is his dependent), $1,000 for prescription medicines for his wife, and $3,400 for doctor and hospital bills for himself. His gross income is $55,000 and his adjusted gross income is $50,000. In itemizing his deductions, Jay may claim a medical expense deduction, after application of proper limitations, of:
A) $1,950
B) $5,700
C) $1,575
D) $650
E) None of the above

Question

Quizplus · Accepted Answer

All the medical expenses are deductible but they must be reduced by 7.5% of the adjusted gross income
 11eb4b56_5179_80e7_acd1_5d638f5a9eeb_TB1942_00

John Jay Is Married and Supports His Mother, Age 67