Connie filed a claim for 2100 of her own expenses with her, Ask an Expert

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Connie is employed as a tax accountant. For calendar year 2009, she had AGI of $80,000 and paid the following medical expenses:

Medical insurance premiums $2,600
Doctor and dentist bills for Earl and Janet (Connie's Parents) 5,500
Doctor and dentist bills for Connie 4,500
Prescribed medicines for Connie 200
Non-prescribed insulin for Connie 550

Earl and Janet would qualify as Connie's dependents except that they file a joint return. Connie's medical insurance policy does not cover them. Connie filed a claim for $2,100 of her own expenses with her insurance company in December 2009 and received the reimbursement in January 2010. What is Connie's maximum allowable medical expense deduction for 2009?

a. $1,850.

b. $7,350.

c. $11,550.

d. $11,850.

e. None of the above.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M980148

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