Julian was involved in a motorcycle accident last year in which he severely injured his...
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Julian was involved in a motorcycle accident last year in which he severely injured his legs. As part of a longterm rehabilitation process, his physician prescribes a daily routine of swimming. Because there is no pool nearby, Julian considers either building a pool in his own back yard or purchasing another home with a pool. He decides to sell his home to purchase another home with a pool. Julian finds a new home with a pool and purchases it for $175,000. He then obtains some estimates and finds that it would cost approximately $20,000 to replace the pool in the home he just purchased. He also obtains some real estate appraisals indicating that the existing pool increases the value of the home by $8,000. During the current year, Julian spends $500 for pool maintenance and $1,800 for other medical expenses. Julians AGI is $60,000. What is the total amount of medical expenses he may claim in the current year?
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