Question

Chiara had $5,700 in medical expenses last year. Her medical insurance covered 80% of these expenses. The IRS allows medical and dental expenses deductions for the amount that exceeds 7.5% of a taxpayer’s adjusted gross income. If Chiara’s adjusted gross income is $35,432, how much can she claim as a medical deduction? Explain

Answer 1

Using proportions, it is found that she can claim amounts greater than $2657.4 as a medical deduction.

What is a proportion?

A proportion is a fraction of a total amount.

In this problem, her adjusted gross income is $35,432, and she can claim deductions for amount's that exceed 7.5% of this, hence:

0.075 x 35,432 = $2657.4.

She can claim amounts greater than $2657.4 as a medical deduction.

More can be learned about proportions at https://brainly.com/question/24372153