Mathematics, 31.05.2021 14:00, juan2730
The Abbott's had to pay $32,760 in medical expenses last year. Their medical insurance covered 70% of these expenses, so they only had to pay 30% of the medical bills. The IRS allows medical and dental expenses deductions for the amount that exceeds 7.5 % of a taxpayer's adjusted gross income. The Abbott's adjusted gross income is $56,500. How much can they claim as a medical deduction? *
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