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eTax.com How to Deduct Medical Expenses

2015-03-25 6 Dailymotion

http://www.etax.com <br />This year, there are new rules that apply to taxpayers who want to deduct any type of medical expenses on their tax return. <br />In order to claim a deduction, your medical expenses must be greater than 10 % of your adjusted gross income. ( 7.5% If you or your spouse is 65 years of age or older) <br /> <br />You have to itemize your deductions in order to claim medical expenses. These expenses aren’t able to be claimed through a standard deduction on a federal tax return.

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