Marilyn is employed as an architect.For calendar year 2012, she had AGI of $204,000 and paid the following medical expenses:
Peter and Esther would qualify as Marilyn's dependents except that they file a joint return. Marilyn's medical insurance policy does not cover them.Marilyn filed a claim for reimbursement of $6,000 of her own expenses with her insurance company in December 2012 and received the reimbursement in January 2013.What is Marilyn's maximum allowable medical expense deduction for 2012?
Definitions:
Excise Tax
A tax levied on specific goods, services, or activities, such as gasoline, cigarettes, or alcohol, often to discourage consumption or generate revenue.
Recreational Fishing Boats
Boats specifically designed and utilized for the purpose of fishing for leisure or sport, not commercial fishing.
Supply Curve
A graphical representation showing the relationship between the price of a good and the quantity supplied.
Techniques
Methods or approaches used in a particular discipline or activity to achieve a specific result.
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