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Business, 30.11.2021 23:10 20alyssityh224
Jayden, a calendar year taxpayer, paid $19,200 in medical expenses and sustained a $23,040 casualty loss in 2021 (the loss occurred in a Federally declared disaster area). He expects $13,440 of the medical expenses and $16,128 of the casualty loss to be reimbursed by insurance companies in 2022. How much can Jayden include in determining his itemized deductions for 2021
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Jayden, a calendar year taxpayer, paid $19,200 in medical expenses and sustained a $23,040 casualty...
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