Beth, age 40 , incurred and paid for the following items this year: She received...
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Accounting
Beth, age 40 , incurred and paid for the following items this year: She received insurance reimbursements of $3,000 and her AGI was $20,000. What is her maximum allowable medical expense deduction for the current year? (For this problem, medical expenses in excess of 10% of AGI are deductible) $7,300 $4,300 $2,300 $2,000
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