Is It Possible That No AMT Adjustment Is Necessary for Medical

question 12

Essay

Is it possible that no AMT adjustment is necessary for medical expenses in calculating AMTI even though the floor limitation is different (7.5% of AGI for regular income tax compared to 10% for AMT purposes)?

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Definitions:

Destructive

Causing significant harm or damage, either physically or emotionally, to objects, relationships, or individuals.

Society

Society refers to a group of individuals living together in a more or less ordered community, sharing customs, laws, and institutions.

Rousseau

Jean-Jacques Rousseau, an 18th-century philosopher known for his ideas on education, social contract theory, and political philosophy.

Hobbes

Thomas Hobbes was a 17th-century English philosopher known for his political philosophies, particularly the social contract theory detailed in his work "Leviathan".