What is Sammy and Monica medical expense deduction

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Problem - Sammy and Monica, both age 67, incur and pay medical expenses in excess of insurance reimbursements during the year as follows.

For Sammy $16,000

For Monica (spouse) 4,000

For Chuck (son) 2,500

For Cater (Monica's father) 5,000

Sammy and Monica's 2019 AGI is $130,000. They file a joint return. Chuck and Carter are Sammy and Monica's dependents.

Required -

a. What is Sammy and Monica's medical expense deduction for regular income tax purposes?

b. What is Sammy and Monica's AMT adjustment for medical expenses?

Reference no: EM132669506

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