Paul and Patty Black are married and together have AGI of $140,000 in 2012.They have two dependents and file a joint return.During the year,they paid $8,000 for medical insurance,$15,000 in doctor bills and hospital expenses,and $1,000 for prescribed medicine and drugs.
Definitions:
Marriage Compensation
A form of payment or gift given to the bride's family by the groom's family before, during, or after the wedding in certain cultures as part of marriage arrangements.
Dowry
A cultural practice involving the transfer of wealth, usually from the bride's family to the groom's family, as part of marriage agreements in certain societies.
First-cousin Marriage
A marriage between individuals who have one set of grandparents in common, legally and culturally accepted in some societies but prohibited in others.
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