For 2023, Perla, who is single and 55 years of age, had AGI of $60,000. During the year, she incurred and paid the following medical costs: Use Insurance for Medical Care or Long-Term Care
Doctor and dentist fees $ 4,350
Prescription medicines 625
Medical care insurance premiums (paid for with after-tax funds) 380
Long-term care insurance premiums 1,700
Hearing aid 150
What amount can Perla take as a medical expense deduction (after the AGI limitation) for her 2023 tax return?
Multiple Choice
$2,705
$7,305
$7,395
$2,795