LO.3 Mason and Gloria incur and pay medical expenses in excess of insurance reimbursements during the year as follows:

For Mason $19,000 For Gloria (spouse) 5,000 For Chuck (son) 2,500 For Carter (Gloria’s father) 14,000 Mason and Gloria’s AGI is $185,000. They file a joint return. Chuck and Carter are Mason and Gloria’s dependents.

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

b. What is Mason and Gloria’s medical expense deduction for AMT purposes?

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