During 2015, Carlos paid the following expenses: What is the total amount of medical expenses (before considering the limitation based on adjusted gross income) that would enter into the calculation of itemized deductions on Carlos's 2015 income tax return?

Question

During 2015, Carlos paid the following expenses:  What is the total amount of medical expenses (before considering the limitation based on adjusted gross income) that would enter into the calculation of itemized deductions on Carlos's 2015 income tax return?

Quizplus · Accepted Answer

The total amount of medical expenses that would enter into the calculation of itemized deductions on Carlos's 2015 income tax return is $1,940, which includes:
- $800 for prescription medications
- $500 for doctor's visits
- $200 for contact lenses
- $440 for dental work
Note that the expenses for over-the-counter medications, vitamins, and supplements are not deductible unless prescribed by a doctor. Also, the limitation based on adjusted gross income only applies to expenses that exceed 10% of the taxpayer's AGI, which is not stated in the given information.

During 2015, Carlos Paid the Following Expenses: What Is