Mathematics, 24.04.2021 05:30 chynaroyal19
Jack had $12,100 in medical expenses. His insurance covered 80% of the expenses. The IRS allows deductions of medical and dental expenses of any amount exceeding 7.5% of the adjusted taxpayer’s gross income. If Jack’s adjusted gross income last year was $30,050.00, how much is Jack allowed to deduct?
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