In: Accounting
Leo has AGI of 95,000. During the year, Leo paid the following items related to his family's health. Health Insurance Premiums $4,800 (paid with After-tax funds)
Doctor's Fees 1,200
Prescription Drugs 500
Vitamins to enhance health 750
Laser Eye Surgery 1,500
Orthodontist fees 3,000
Teeth Whitening 1,000
He received a $750 reimbursement from his insurance company.
What is the net amount Leo can deduct this year?