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Richard,age 50,is Employed as an Actuary

Question 28

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Richard,age 50,is employed as an actuary.For calendar year 2017,he had AGI of $130,000 and paid the following medical expenses:
Derrick and Jane would qualify as Richard's dependents except that they file a joint return.Richard's medical insurance policy does not cover them.Richard filed a claim for $4,800 of his own expenses with his insurance company in November 2017 and received the reimbursement in January 2018.What is Richard's maximum allowable medical expense deduction for 2017?
Richard,age 50,is employed as an actuary.For calendar year 2017,he had AGI of $130,000 and paid the following medical expenses: Derrick and Jane would qualify as Richard's dependents except that they file a joint return.Richard's medical insurance policy does not cover them.Richard filed a claim for $4,800 of his own expenses with his insurance company in November 2017 and received the reimbursement in January 2018.What is Richard's maximum allowable medical expense deduction for 2017? A) $0 B) $7,090 C) $13,000 D) $20,090 E) None of the above


A) $0
B) $7,090
C) $13,000
D) $20,090
E) None of the above

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