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In 2009 Margaret and John Murphy are married taxpayers who file a joint return with AGI of $25,000. During the year they incurred the following...

# 2. In 2009 Margaret and John Murphy are married taxpayers who file a joint return with AGI of $25,000. During the year they incurred the following expenses:
Hospitalization insurance premiums $1,050
Premiums on an insurance policy that pays $300
100 per day for each day Margaret is hospitalized
Medical care lodging (two people, one night) $65
Hospital bills $2,200
Doctor bills $850
Dentist bills $175
Prescription drugs and medicines $ 340
Psychiatric care $300
In addition, during March they drove 750 miles for medical transportation, and their insurance company reimbursed them $900 for the above expenses. On the following segment of schedule A of form 1040, calculate the Murphy’s medical expense deduction.

# 10. Ken paid the following amounts for interest during 2009:
Qualified interest on home mortgage $4,700
Auto loan interest $850
“points” on the mortgage for acquisition of his
Personal residence $300
Service charges on his checking account $40
Mastercard interest $300
Calculate ken’s itemized deduction for interest on the following portion of schedule A.

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