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Simpson, age 45, is a single individual who is employed full time by Duff Corporation....

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Question

Accounting

Simpson, age 45, is a single individual who is employed full time by Duff Corporation. This year Simpson reports AGI of $54,000 and has incurred the following medical expenses:
Dentist charges
Physician charges
Optical charges
Cost of eyeglasses
Hospital charges
Prescription drugs
Over-the-counter drugs
Medical insurance premiums (not through an exchange)
1,880
2,760
605
525
4,500
275
805
1,128
b. Suppose that Simpson was reimbursed for $480 of the physician's charges and $3,600 for the hospital costs. Calculate the amount of medical expenses that will be included with Simpson's itemized deductions after any applicable limitations.
Answer is complete but not entirely correct.
Medical expenses
$ ,4,340
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