2 Answers
Drug costs, medical insurance, doctor appointments, mileage to and from those appointments, x-rays, hospitalizations, surgeries, etc. etc. are tax deductible AFTER subtracting the first 7.5% of your AGI from the total of those expenses.
For example, if your AGI were $30,000, $2,250 would be 7 1/2% of that. Anything in excess of $2,250 would be tax deductible.
This is applicable if you use Schedule A instead of standard deduction. Standard deduction for a Single person is $5,800; $11,600 for Married Filing Jointly. To use Schedule A, your deductions should be in excess of the standard deduction amount.
For more information, check out www.irs.gov and get the low-down on Schedule A guidelines.
| 13 years ago. Rating: 2 | |
Top contributors in Other - Taxes category
Unanswered Questions
서문 예린
Answers: 0
Views: 15
Rating: 0
Kèo Nhà Cái
Answers: 0
Views: 9
Rating: 0
HitClub | HitClub.Com Cổng Game Bài Đẳng Cấp Top #1 Châu Á
Answers: 0
Views: 9
Rating: 0
good88best1
Answers: 0
Views: 11
Rating: 0
uk88love
Answers: 0
Views: 10
Rating: 0
69capp
Answers: 0
Views: 12
Rating: 0
79olaorg
Answers: 0
Views: 12
Rating: 0
78winlovez
> More questions...
Answers: 0
Views: 11
Rating: 0
joep
Bob/PKB
ROMOS