Question

Zoe's gross income is $16,960. His medical expenses for the year
amounted to $812.35. If he can deduct only the amount over 7 1/2% of
his gross income for medical expenses, how much can he deduct for
medical expenses?

Answer 1

First, we need to calculate 7 1/2% of Zoe's gross income:

7.5% of $16,960 = 0.075 * $16,960 = $1,272

Next, we subtract this amount from his total medical expenses:

$812.35 - $1,272 = -$459.65

Since his medical expenses are less than 7 1/2% of his gross income, Zoe cannot deduct any amount for medical expenses.