Calculate their medical expense deduction

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Problem - During the 2018 tax year, Frank (age 65) and Betty (age 63) paid the following medical expenses:

Medical insurance $425

Prescription medicines and drugs 364

Hospital bills 2,424

Doctor bills 725

Prescription Eyeglasses for Frank's dependent mother 75

Doctor bills for Betty's sister, who is claimed as a dependent by Frank and Betty 220

In addition, during 2018, they drove 700 miles for medical transportation in their personal automobile. Their insurance company reimbursed Frank and Betty $1,420 during the year for the medical expenses. If their adjusted gross income for the year is $25,400, calculate their medical expense deduction.

Reference no: EM132704190

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