in U4, Jonatnan was reimbursed $2,500 by his insurance company for the medical expenses attributable...
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in U4, Jonatnan was reimbursed $2,500 by his insurance company for the medical expenses attributable to the skiing accident. Please answer each of the following, and show any applicable calculations, labeling each item very clearly, in order to receive any applicable credit. a. Compute Jonathan's deduction for medical expenses in 2023 (USE SCHEDULE A if you need to) (4pts) b. Assume, that Jonathan would have itemize his deductions in 2023 no matter what. How much, if any, of the $2,500 reimbursement must be included in gross income in 2024 ? (3pts) c. If Jonathan did not itemize his deductions in 2023, how much of the $2,500 reimbursement would be included in gross income in 2024 ? (2pts) d. New scenario: If total medical expenses were $12,700 and Jonathan received a reimbursement of $8,900 in 2023 , what would his total medical expense deduction be in 2023? Remember the AGI limit. (1pt)
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