Problem 7-22(LO 7-1)(Static) Skip to question [The following information applies to the questions...

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Accounting

Problem 7-22(LO 7-1)(Static)
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Simpson, age 45, is a single individual who is employed full time by Duff Corporation. This year Simpson reports AGI of $50,000 and has incurred the following medical expenses:
Dentist charges $ 900
Physician charges 1,800
Optical charges 500
Cost of eyeglasses 300
Hospital charges 2,100
Prescription drugs 250
Over-the-counter drugs (not insulin)450
Medical insurance premiums (not through an exchange)775
Problem 7-22 Part-a (Static)
a. Calculate the amount of medical expenses that will be included with Simpson's itemized deductions after any applicable limitations.

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