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29 October, 05:29

Van pays the following medical expenses this year:

a. $1500 for doctor bills for van's son who is claimed as a dependant by Van's former spouse.

b. $300 for Van's eyeglasses

c. $900 for Van's dental work

d. $3800 for Van's face lift. Van, a newscaster, is worried about the wrinkles around his eyes.

Required:

1. How much can Van include on his return as qualified medical expenses before limitation?

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Answers (1)
  1. 29 October, 06:13
    0
    The amount Van can include on his return as qualified medical expenses before limitation is $2,700

    Explanation:

    The amount of medical expenses that Van can include on his return as qualified medical expenses before limitation are the following:

    a. $1,500 for doctor bills for van's son who is claimed as a dependant by Van's former spouse.

    b. $300 for Van's eyeglasses

    c. $900 for Van's dental work

    Therefore, amount Van can include on his return as qualified medical expenses before limitation=$1.500+$300+$900

    amount Van can include on his return as qualified medical expenses before limitation=$2,700
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