asked 134k views
5 votes
Bebe Rexha has AGI of $100,000 and makes the following expenditures:

Wheelchair $10,000
Whirlpool bath $10,000
Maintenance of the whirlpool $1,000
Increased utility bills associated with whirlpool $1,000
Entrance ramp, various home modifications $10,000

Bebe Rexha's deductible medical expenses will be _______.

1 Answer

4 votes

Answer:

$31000 will be allowed as expenditure

Step-by-step explanation:

given data

Wheelchair = $10,000

Whirlpool bath = $10,000

Maintenance = $1,000

Increased utility bills = $1,000

various home modifications = $10,000

solution

as here value of the home increased = $1000

and that is increaed utility bill of the whirlpool

so that expenditure will be added to value of asset

so

total expenditure is = $10000 + $10000 + $10000 + $1000 = $31000

so $31000 will be allowed as expenditure

answered
User Samuel Cook
by
9.0k points

Related questions

asked Mar 15, 2019 52.4k views
Ramwin asked Mar 15, 2019
by Ramwin
7.8k points
2 answers
0 votes
52.4k views
asked Feb 2, 2022 150k views
PurityLake asked Feb 2, 2022
by PurityLake
7.9k points
2 answers
0 votes
150k views
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.