Determine the deduction allowable for medical expenses

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Question: Don and Eve Jaffe are married and jointly have AGI of $100,000 in 2022. They have two dependent children and file a joint return. During the year, they paid $3,000 for medical insurance, $12,000 in doctor bills and hospital expenses, and $2,000 for prescribed medicine and drugs. In December 2022, the Jaffe received an insurance reimbursement of $2,000 for hospitalization expenses. Determine the deduction allowable for medical expenses paid during the year. Assume instead that the Jaffe received the $2,000 insurance reimbursement in February 2023. Determine the deduction allowable for medical expenses incurred in 2022. Should that reimbursement be included in their gross income for 2023?

Reference no: EM133553296

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