In: Finance
In 2019, David, age 65, had adjusted gross income of $32,000.
During the year he paid the following medical expenses:
Prescription medicines | $200 |
Doctors | $2,500 |
Medical care insurance | $1,400 |
Over-the-counter hair growth tonic | $250 |
What amount can David deduct as medical expenses (after the
adjusted gross income limitation) in calculating his itemized
deductions for 2019?
a.$1,700
b.$4,100
c.$0
d.$900
e.None of these choices are correct.