John Jay, 45, is married and supports his mother, age 67. During the year, he...
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John Jay, 45, is married and supports his mother, age 67. During the year, he paid $1,300 for prescription medicines for his mother (who is his dependent), $1,000 for prescription medicines for his wife (age 43), and $5,400 for doctor and hospital bills for himself. His gross income is $55,000 and his adjusted gross income is $50,000. In itemizing his deductions, Jay may claim a medical expense deduction, after application of proper limitations, of: options: 1) $3,950 2) $7,700 3) $1,575 4) $2,700 5) None of these
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