A bill to amend the Internal Revenue Code of 1954 to permit the full deduction of medical expenses incurred for the care of individuals of 65 years of age and over, without regard to the 3-percent and 1-percent floors.

Amends the Internal Revenue Code to allow a taxpayer or his spouse who has attained age 65 or a taxpayer who has a father or mother who is his dependent and has attained age 65 an income tax deduction for all medical expenses without regard to the three percent income floor for medical and dental expenses and the one percent floor for prescription drugs.