Jon Stenger, a cash-basis taxpayer, had adjusted gross income of $35,000 in 2007. During the year he incurred and paid the following medical expenses:
|
Drugs and medicines prescribed by doctors |
$ |
300 |
|
Health insurance premiums |
750 |
|
|
Doctors’ fees |
2,550 |
|
|
Eyeglasses |
75 |
|
|
$ |
3,675 |
Stenger received $900 in 2007 as reimbursement for a portion of the doctors’ fees. If Stenger were to itemize his deductions, what would be his allowable net medical expense deduction?
- $0
- $ 150
- $1,050
- $2,475