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  • 23-11-2022
  • Business
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In 2020, james incurred total qualified medical expenses of $6,650. His 2020 agi was $40,000. In 2021, he received a partial reimbursement of these expenses in the amount of $4,200 from his insurance company. He claimed the standard deduction in 2020. How much of this reimbursed amount must james report as gross income on his 2021 tax return?

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