Exercise 10-15 (Algorithmic) (LO. 2) Barbara incurred the following expenses during 2022: $2,290 dues at a health club she joined at the suggestion of her physician to improve her general physical condition, $460 for multiple vitamins and antioxidant vitamins, $5,050 for a smoking cessation program, $545 for nonprescription nicotine gum, $2,260 for insulin, and $8,365 for funeral expenses for her mother who passed away in June. Barbara's AGI for 2022 is $37,500. Which of these expenses may be included in computing the medical expense deduction? Select "May be included" or "May not be included", whichever is applicable. a. $2,290 dues at a health club she joined at the suggestion of her physician to improve her general physical condition $460 for multiple vitamins and antioxidant vitamins $5,050 for a smoking cessation program $545 for nonprescription nicotine gum $2,260 for insulin f. $8,365 for funeral expenses b. C. d. e. What is Barbara's medical expense deduction for 2022? If required, round your computations to the nearest dollar. 4,497.50 X May not be included May not be included May be included May not be included May be included May not be included
Exercise 10-15 (Algorithmic) (LO. 2) Barbara incurred the following expenses during 2022: $2,290 dues at a health club she joined at the suggestion of her physician to improve her general physical condition, $460 for multiple vitamins and antioxidant vitamins, $5,050 for a smoking cessation program, $545 for nonprescription nicotine gum, $2,260 for insulin, and $8,365 for funeral expenses for her mother who passed away in June. Barbara's AGI for 2022 is $37,500. Which of these expenses may be included in computing the medical expense deduction? Select "May be included" or "May not be included", whichever is applicable. a. $2,290 dues at a health club she joined at the suggestion of her physician to improve her general physical condition $460 for multiple vitamins and antioxidant vitamins $5,050 for a smoking cessation program $545 for nonprescription nicotine gum $2,260 for insulin f. $8,365 for funeral expenses b. C. d. e. What is Barbara's medical expense deduction for 2022? If required, round your computations to the nearest dollar. 4,497.50 X May not be included May not be included May be included May not be included May be included May not be included
Chapter3: Tax Formula And Tax Determination : An Overview Of Property Transactions
Section: Chapter Questions
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Transcribed Image Text:Module 4: Chapter 10 Homework
Exercise 10-15 (Algorithmic) (LO. 2)
Barbara incurred the following expenses during 2022: $2,290 dues at a health club she joined at the suggestion of her physician to improve
her general physical condition, $460 for multiple vitamins and antioxidant vitamins, $5,050 for a smoking cessation program, $545 for
nonprescription nicotine gum, $2,260 for insulin, and $8,365 for funeral expenses for her mother who passed away in June. Barbara's AGI
for 2022 is $37,500.
Which of these expenses may be included in computing the medical expense deduction? Select "May be included" or "May not be included",
whichever is applicable.
a. $2,290 dues at a health club she joined at the suggestion of
her physician to improve her general physical condition
b. $460 for multiple vitamins and antioxidant vitamins
$5,050 for a smoking cessation program
$545 for nonprescription nicotine gum
$2,260 for insulin
f. $8,365 for funeral expenses
C.
d.
e.
What is Barbara's medical expense deduction for 2022?
If required, round your computations to the nearest dollar.
4,497.50 X
May not be included
May not be included
May be included
May not be included
May be included
May not be included
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