Mr. and Mrs. Davenport, aged 40 and 38, respectively, have three children aged 3, 6, and 13. For 2019, they have adjusted gross income (AGI)of $65,000 and unreimbursed medical expenses of $6,750. The Davenports' claim for itemized deductions for medical expenses is:

Question

Mr. and Mrs. Davenport, aged 40 and 38, respectively, have three children aged 3, 6, and 13. For 2019, they have  adjusted gross income (AGI)of $65,000 and unreimbursed medical expenses of $6,750. The Davenports' claim for itemized deductions for medical expenses is:

Quizplus · Accepted Answer

For 2019, taxpayers can deduct the portion of their medical expenses that exceeds 10% of their adjusted gross income (AGI). The Davenports' AGI is $65,000, so 10% of that is $6,500. Their unreimbursed medical expenses are $6,750. Therefore, they can claim the amount that exceeds $6,500, which is $6,750 - $6,500 = $250.

Mr and Mrs