46. LO.3 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 Carter (Monica’s father) 5,000 Sammy and Monica’s AGI is $130,000. They file a joint return. Chuck and Carter are Sammy and Monica’s dependents.

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

b. What is Sammy and Monica’s medical expense deduction for AMT purposes?

c. What is the amount of the AMT adjustment for medical expenses?