Which taxpayers among the following can deduct some of his or her medical expenses?
A)Jane,who has an income of $40 000 and medical expenses of $1100
B)Claude,who has an income of $60 000 and medical expenses of $2100
C)Peter,who has an income of $65 000 and medical expenses of $2375
D)Paula,who has an income of $26 000 and medical expenses of $700

Question

Quizplus · Accepted Answer

Medical expenses are deductible if they exceed 7.5% of the taxpayer's adjusted gross income (AGI). For Peter, 7.5% of $65,000 is $4,875, and his expenses of $2,375 exceed this threshold.

Which Taxpayers Among the Following Can Deduct Some of His