Question

Ava is single, 42 years old, and has an adjusted gross income of $70,000 for the tax year. She had the following medical expenses:
Prescriptions: $1,480.
Doctor copays: $950.
Dental bills: $2,800.
Elective tummy tuck surgery: $6,500.
Health insurance premiums (after tax): $1,800.
What is the amount of her medical and dental expense deduction on Schedule A (Form 1040), line 4?
$1,780
$5,250
$7,030
$8,280

Answer 1

Answer: $1,780

Reason: Exclude the elective tummy tuck (cosmetic). Deductible expenses = 1,480 + 950 + 2,800 + 1,800 = $7,030. The floor is 7.5% of AGI = 0.075 × $70,000 = $5,250. Deduction = $7,030 − $5,250 = $1,780.