Deductions & credits

Thanks to all for the above answers. 

 

To add to the complexity: my wife and I are considering doing IVF in Colombia (the country, not DC), where she is from.  If the payment is to a fertility clinic there, will I still be able to avoid the 10% penalty?  Of course, I assume the rule stated above  about >7.5% of incom.

 

Thanks,

 

Nick