TAXATION I $-2024$Problems $-$ Itemized DeductionsMEDICAL:$($a$)$ Determine the amount of medical expenses allowable as an itemized deduction after limitations$.$ John $($age $52)$ and Mary $($age $49)$ have adjusted gross income in $2024$ totaling $$200,000.$ Neither John nor Mary is self employed. Their medical type expenses in $2022-$are as follows:Blue Cross Premiums $($policy covers$80\%$ of certain medical costs$)$Accident Policy Premiums $($policy pays $$100/$day for any day policyholder is hospitalized$)$Accident Policy Premium $($pays a fixed amount for loss of hand$/$fingers etc$)$Disability Policy premium $($pays $$100/$day if policyholder becomes disabled$)$Qualified Long Term Care Premium each has a policy$)4,000500*100$x$1,000$x$1,550/900$Prescription drugsOver the counter drugs $($Aspirin$,$ cough medicine etc.$)399600$Doctors and dentists $($not covered by insuranceHospital emergency room $($not coveredby insurance$)$Cost of Mary's "facelift" $($not covered by insurance$)$John$\text{'}$s eyeglassesMary's contact lensesContact lens wetting$/$cleaning solutionsAmbulanceWheelchair rental$8001,0001,50050030050200100$Mileage driven for doctor appointments $($evenly thru yr$)$Parking for doctor visits$100$ miles$200$In addition, Mary's mother Kate resides with them. John and Mary provide over half of Kate's support. Kate's only income is $$5,000$ interest income and $$6,000$ social security income. During $2024$ John and Mary paid the following medical expenses for Kate:

Hearing aids $$4800$

Hearing aid batteries $$200$

Installation of an elevator in their home since kate can no longer walk the stairs

Cost of an elevator$/$installation $$12000$

Increase in Fair Market value of the house due to elevator $$2000$