Multiple Choice
Phillip, age 66, developed hip problems and was unable to climb the stairs to reach his second-floor bedroom.His physician advised him to add a first-floor bedroom to his home.The cost of constructing the room was $32,000.The increase in the value of the residence as a result of the room addition was determined to be $17,000.In addition, Phillip paid the contractor $5,500 to construct an entrance ramp to his home and $8,500 to widen the hallways to accommodate his wheelchair.Phillip's AGI for 2019 was $75,000.How much of these expenditures can Phillip deduct as a medical expense in 2019?
A) $14,000
B) $15,000
C) $21,500
D) $29,000
E) None of these
Correct Answer:
Verified
Correct Answer:
Verified
Q6: Shirley pays FICA (employer's share) on the
Q7: In 2019, Brandon, age 72, paid $5,000
Q8: Trent sells his personal residence to Chester
Q9: Sadie mailed a check for $2,200 to
Q10: The election to itemize is appropriate when
Q12: Dan contributed stock worth $16,000 to his
Q13: Brad, who uses the cash method of
Q14: Georgia contributed $2,000 to a qualifying Health
Q15: During 2019, Kathy, who is self-employed, paid
Q16: Hugh, a self-employed individual, paid the