Assuming that marks adjusted gross income was 60000 how, Ask an Expert

Management Studies

Mark Miller paid the following medical expenses during the year (all in excess of reimbursement).

Hospital and doctor bills (for self and wife): $840
Medicine and drugs (for self and wife): $730
Hospitalization insurance premiums: $6,200
Medicine and drugs (for dependent mother, age 71): $1,060

Assuming that Mark's adjusted gross income was $60,000, how much of a medical-expense deduction may Mark claim on his return?

A. $4,170

B. $6,200

C. $4,330

D. $8,830

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M997505

Have any Question?Write your Review or question?

Related Questions in Business Management

Long run equilibrium under monopolistic competition is

Long run equilibrium under monopolistic competition is similar to that under perfect competition in that A. price equals marginal revenue. B. firms produce at the minimum point of their average cost curves. C. price equa ...

You are given the following cost functiontc80q--4q201q3a

You are given the following cost function: TC=80Q--4Q^2+0.1Q^3 a. Derive the average variable cost, average cost, and marginal cost equations. b. Over what range of output does economies of scale exist? Diseconomies of s ...

What is the fundamental difference between the factors that

What is the fundamental difference between the factors that make up the Task Environment (sometimes called the Micro-Marketing Environment) and the Broad Environment (sometimes called the Macro-Marketing Environment). Hi ...

The government decided the positive externalities from

The government decided the positive externalities from education are so great, it should be an entitlement. Do you think the government has chosen the right solution to the problem of the positive externalities? Consider ...

1 define organizational communication2 what interesting

1. Define organizational communication 2. What interesting about the subject of organizational communication

Max has a utility function ux y 16x - 2x 2 4y the prices

Max has a utility function u(x, y) = 16x - 2x 2 + 4y. The prices of x and y are both px and py. Max has an income m. How much of each good will he demand? Find the algebraic expression for the marginal rate of substituti ...

Many companies have codes of ethics to guide managers in

Many companies have codes of ethics to guide managers in their decision making. However, the evidence indicates that few people rely on a company code of ethics in their decision making. Are the codes valuable? Should co ...

Create login form to enter user name and a password textbox

Create login form to enter user name and a password textbox to enter password, and write procedure to simulate the process of triggering the login process after hitting the Enter Key.

A homeless veteran named johnny bobbitt who spend his last

A homeless veteran named Johnny Bobbitt, who spend his last 20 dollars for a tank of gas so that Kate McClure could get. She started a campaign account set up by her and her boyfriend for Mr. Bobbitt. It went viral and h ...

Q explain the two real world examples of database what are

Q. Explain the two real world examples of database. What are they? How do people use them? Discuss at least one situation that would arise from problems in these database, such as redundant information, breach of informa ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert