How much can jayden include in determining his itemized

Reference no: EM133369912

Question: Jayden, a calendar year taxpayer, paid $18,100 in medical expenses and sustained a $21,720 casualty loss in 2022 (the loss occurred in a Federally declared disaster area). He expects $12,670 of the medical expenses and $15,204 of the casualty loss to be reimbursed by insurance companies in 2023. How much can Jayden include in determining his itemized deductions for 2022? Disregard %-of-AGI limitations or casualty loss floor in determining your answers.

Reference no: EM133369912

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