Reggie who is 55, had adjusted gross income of $32,000 in 2020. During the year, he paid for the following medical expenses:
Drugs ( prescribed by physicians) $500
Marijuana ( prescribed by physicians) $1,400
Health insurance premiums -after taxes $850
Doctors' fees $1,250
Eyeglasses $ 375
Over the counter drugs $200
Reggie received $500 in 2020 for a portion of the doctors' fees from his insurance. What is Reggies medical expense deduction?
How would you set this problem up? What is deductible in the year of 2020.
Answers: 2
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Reggie who is 55, had adjusted gross income of $32,000 in 2020. During the year, he paid for the fol...
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