Business
Business, 21.11.2019 01:31, lulustar13

Arturo, a calendar year taxpayer, paid $18,100 in medical expenses and sustained a $21,720 casualty loss in 2019 (the loss occurred in a federally declared disaster area). he expects $12,670 of the medical expenses and $15,204 of the casualty loss to be reimbursed by insurance companies in 2020. how much can arturo include in determining his itemized deductions for 2019? disregard %-of-agi limitations or casualty loss floor in determining your answers. before considering any limitations (or reductions) on deductions, arturo can include $ of the medical expenses and $ of the casualty loss when determining his itemized deductions in 2019.before considering any limitations (or reductions) on deductions, jayden can include $ of the medical expenses and $ of the casualty loss when determining his itemized deductions in 2019.

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Arturo, a calendar year taxpayer, paid $18,100 in medical expenses and sustained a $21,720 casualty...

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