Answered

Welcome to Westonci.ca, where finding answers to your questions is made simple by our community of experts. Get detailed and accurate answers to your questions from a community of experts on our comprehensive Q&A platform. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

Amanda works as an industrial designer. Her Adjusted Gross Income (AGI) is $60,000. Due to an emergency, she had to spend $6,500 on medical expenses. Is she eligible for a tax deduction, and if so, how much?

Sagot :

Answer:

Yes,

Explanation:

Yes, Amanda is eligible for a tax deduction. Because of her medical expense. Her medical expense is $6,500 and it exceeds 7.5% of her adjusted gross income which is $60,000.

7.5% of $60,000 = 7.5/100 * 60000

7.5% of $60,000 = $4,500.

If 7.5% is $4,500, and her medical expenses is $6,500, then she's eligible for a tax deduction

We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. We're here to help at Westonci.ca. Keep visiting for the best answers to your questions.