Compute the after-tax cost of the expenses

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Ms. Lincoln paid $14,340 of medical expenses this year that were not reimbursed by her insurance provider.

problem a. Compute the after-tax cost of these expenses assuming that Ms.Lincoln doesn't itemize deductions on her Form 1040

problem b. Compute the after-tax cost of these expenses assuming that Ms. tax rate is 24 percent. Lincoln itemizes deductions, her AGI is $48.300, and her marginal

problem c. Compute the after-tax cost of these expenses assuming that Ms tax rate is 32 percent. Lincoln itemizes deductions, her AGI is $156,900, and her marginal

Reference no: EM132784254

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