What is their standard deduction

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Reference no: EM131295283

• Tom and Susan have medical expenses for surgery, doctor’s bills, dentist visits and health insurance that total $15,000. They were reimbursed by insurance in the amount of $5,000. Tom and Susan’s AGI is $80,000.

• They are both under 65.

• How much medical expense will they use as part of their itemized deductions?

• What is their standard deduction?

• What would they deduct as medical expense if Tom was 68 and Susan was 64?

• What is their standard deduction?

Reference no: EM131295283

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What is their standard deduction : Tom and Susan have medical expenses for surgery, doctor’s bills, dentist visits and health insurance that total $15,000. They were reimbursed by insurance in the amount of $5,000. Tom and Susan’s AGI is $80,000. How much medical expense will they use..

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