In: Finance
Jon, age 45, had adjusted gross income of $26,000 in 2019.
During the year, he incurred and paid the following medical
expenses:
Drugs and medicines prescribed by doctors | $300 |
Health insurance premiums | $750 |
Doctors' fees | $2,650 |
Eyeglasses | $75 |
Jon received $900 in 2019 as a reimbursement for a portion of the
doctors' fees. If Jon were to itemize his deductions, what would be
his allowable medical expense deduction after the adjusted gross
income limitation is taken into account?
a.$3,775
b.$2,875
c.$275
d.$0
e.None of these choices are correct.