Céline is physically disabled and in order to live independently and productively certain improvements were made to her residence. These improvements included expenditures for constructing entrance and exit ramps to the residence and widening the hallways and doorways to accommodate her wheelchair. Céline incurs and pays the following anmounts during the current year: Doctor and hospital bills $18,000 Expenditures for the improvements referenced above 16,300 Hearing aids 5,500 Cost of certified appraisal 300 In addition, Céline pays $3,200 for prescribed medicines. The improvements have an estimated useful life of 25 years. The appraisal was to determine the value of Céline's residence with and without the improvements. The appraisal states that her residence was worth $125,000 before the improvements and $131,000 after the installation. Céline's AGI for the year was $101,000. What is the total of her qualifying medical expenses for 20197 32,604 X What is her medical expense deduction for the current year? 25,029 X
Céline is physically disabled and in order to live independently and productively certain improvements were made to her residence. These improvements included expenditures for constructing entrance and exit ramps to the residence and widening the hallways and doorways to accommodate her wheelchair. Céline incurs and pays the following anmounts during the current year: Doctor and hospital bills $18,000 Expenditures for the improvements referenced above 16,300 Hearing aids 5,500 Cost of certified appraisal 300 In addition, Céline pays $3,200 for prescribed medicines. The improvements have an estimated useful life of 25 years. The appraisal was to determine the value of Céline's residence with and without the improvements. The appraisal states that her residence was worth $125,000 before the improvements and $131,000 after the installation. Céline's AGI for the year was $101,000. What is the total of her qualifying medical expenses for 20197 32,604 X What is her medical expense deduction for the current year? 25,029 X
SWFT Essntl Tax Individ/Bus Entities 2020
23rd Edition
ISBN:9780357391266
Author:Nellen
Publisher:Nellen
Chapter10: Individuals: Income, Deductions, And Credits
Section: Chapter Questions
Problem 21P
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Transcribed Image Text:Céline is physically disabled and in order to live independently and productively certain improvements were made to her residence. These
improvements included expenditures for constructing entrance and exit ramps to the residence and widening the hallways and doorways to
accommodate her wheelchair. Céline incurs and pays the following amounts during the current year:
Doctor and hospital bills
$18,000
Expenditures for the improvements referenced above
16,300
Hearing aids
5,500
Cost of certified appraisal
300
In addition, Céline pays $3,200 for prescribed medicines.
The improvements have an estimated useful life of 25 years. The appraisal was to determine the value of Céline's residence with and
without the improvements. The appraisal states that her residence was worth $125,000 before the improvements and $131,000 after the
installation. Céline's AGI for the year was $101,000.
What is the total of her qualifying medical expenses for 20197
32,604 X
What is her medical expense deduction for the current year?
25,029
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