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 2019 agi is $130,000. they file a joint return. chuck and carter are sammy and monica’s dependents.
what is sammy and monica’s medical expense deduction for regular income tax purposes?

For example, the upper right cell shows that if expresso advertises and beantown doesn't advertise, expresso will make a profit of $15 million, and beantown will make a profit of $2 million. assume this is a simultaneous game and that expresso and beantown are both profit-maximizing firms. if expresso decides to advertise, it will earn a profit of $ million if beantown advertises and a profit of $ million if beantown does not advertise. if expresso decides not to advertise, it will earn a profit of $ million if beantown advertises and a profit of $ million if beantown does not advertise. if beantown advertises, expresso makes a higher profit if it chooses . if beantown doesn't advertise, expresso makes a higher profit if it chooses . suppose that both firms start off not advertising. if the firms act independently, what strategies will they end up choosing? expresso will choose to advertise and beantown will choose not to advertise. expresso will choose not to advertise and beantown will choose to advertise. both firms will choose to advertise. both firms will choose not to advertise.