Question

Mandy is itemizing deductions on her federal income tax return and had $6200 in medical expenses last year. If her AGI was $66,000, and if medical expenses are deductible to the extent that they exceed 7.5% of a taxpayer's AGI, how much can Mandy deduct for medical expenses?

Answer 1

what is 7.5% of 66000?

Answer 2

4950

Answer 3

what is the excess ? how much more expenses did she have? find the difference

Answer 4

the difference between the medical expenses and her AGI?

Answer 5

deductible to the extent that they exceed 7.5% of a taxpayer's AGI,

Answer 6

... I don't quite understand.