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oksian1 [2.3K]
3 years ago
10

Francisco had an AGI of $65,000. He had $1200 in medical expenses, paid $18,000 in rent, and drove his motorcycle to work. Which

expense(s) can he itemize on his tax return? A. Medical expenses and nonreimbursed work expenses. B. Mortgage interest and medical expenses C. None D. Nonreimbursed work expenses, mortgage interest, and medical expenses
Mathematics
2 answers:
-Dominant- [34]3 years ago
3 0

THE CORRECT ANSWER FOR APEX IS C. NONE

Allisa [31]3 years ago
3 0

Answer:

Option C is the answer.

Step-by-step explanation:

Francisco had an AGI of $65,000.

He had $1200 in medical expenses. He cannot itemize this as it is only $1200. Up to $4875 cannot be itemized.

0.075\times65000=4875

He paid $18,000 in rent, and drove his motorcycle to work.

The deductions that can be itemized are -  mortgage interest, state and local income or sales taxes, property taxes on their homes and cars, charitable contributions etc.

So, basically the give options are oddly paired and none of the expenses can be itemized. Therefore, C. None is the answer.

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