What is her medical expense deduction for the current year

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Question

Bernadette suffers from multiple sclerosis and has great difficulty climbing stairs. Upon the recommendation of her physician, she has an elevator chair-system installed in her personal residence. In connection with the system, Bernadette incurs and pays the following amounts during the current year:

Doctor and hospital bills $6,700

Elevator chair-system 19,500

Installation charge for elevator chair-system 1,500

Cost of certified appraisal 500

In addition, Bernadette pays $1,350 for prescribed medicines.

The system has an estimated useful life of 25 years. The appraisal was to determine the value of Bernadette's residence with and without the system. The appraisal states that her residence was worth $224,000 before the system was installed and $240,000 after the installation. Bernadette's AGI for the year was $83,000.

a. What is the total of her qualifying medical expenses for 2018?

b. What is her medical expense deduction for the current year?

Reference no: EM132379693

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