Essay
Erika (age 62) was hospitalized with injuries from an auto accident this year. She incurred the following expenses from the accident:
In addition, Erika's auto was completely destroyed in the accident. She bought the car several years ago for $18,000 and it was worth $4,700 at the time of the accident. What are Erika's itemized deductions this year if she was uninsured and her AGI is $40,000?
Correct Answer:
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$2,030 of medical expenses.
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