Zed can deduct the amount over 7% of his gross income as medical

Question

expenses on his income tax return. If his annual salary is $16,700 and
his medical expenses one year were $1,250, how much could he deduct on
his tax return?

Answer 1

First, calculate 7% of Zed's gross income:

7% of $16,700 = 0.07 * $16,700 = $1,169

Next, subtract this amount from Zed's total medical expenses:

$1,250 - $1,169 = $81

Therefore, Zed could deduct $81 on his tax return.