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QUESTION
Ethan is itemizing deductions on his federal income tax return and had $4200 in medical expenses last year. If his AGI was $39,000, and if medical expenses are deductible to the extent that they excee
Ethan is itemizing deductions on his federal income tax return and had $4200 in medical expenses last year. If his AGI was $39,000, and if medical expenses are deductible to the extent that they exceed 7.5% of a taxpayer's AGI, how much can Ethan deduct for medical expenses?
