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This Question is Answered
3 "helpful" answers available (4 pts)
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6 Replies
Last post:
May 12, 2008 12:24 PM by
lowdose
<table class="jive-wiki-table">
<tr>
<td>What medical expenses are deductible?</td>
</tr>
<tr>
<td>
</td>
</tr>
<tr>
<td>Medical expenses are
deductible only to the extent they (1) exceed 7.5% of the taxpayer’s
adjusted gross income, and (2) are not compensated for by insurance or
otherwise.
Medicine and drugs are included as medical expenses
only if they are a prescribed drug or insulin. Medical expenses include
health insurance costs, transportation primarily for and essential to
medical care, and expenses for the diagnosis, care, mitigation,
treatment or prevention of disease. In addition, certain long-term care
insurance premiums are included. Medical expenses for dependents under
age 21 and one’s spouse are also allowable.
</td>
</tr>
</table>
<tr>
<td>What medical expenses are deductible?</td>
</tr>
<tr>
<td>
</td></tr>
<tr>
<td>Medical expenses are
deductible only to the extent they (1) exceed 7.5% of the taxpayer’s
adjusted gross income, and (2) are not compensated for by insurance or
otherwise.
Medicine and drugs are included as medical expenses
only if they are a prescribed drug or insulin. Medical expenses include
health insurance costs, transportation primarily for and essential to
medical care, and expenses for the diagnosis, care, mitigation,
treatment or prevention of disease. In addition, certain long-term care
insurance premiums are included. Medical expenses for dependents under
age 21 and one’s spouse are also allowable.
</td>
</tr>
</table>
<table class="jive-wiki-table">
<tr>
<td>What medical expenses are deductible?</td>
</tr>
<tr>
<td></td>
</tr>
<tr>
<td>Medical expenses are
deductible only to the extent they (1) exceed 7.5% of the taxpayer’s
adjusted gross income, and (2) are not compensated for by insurance or
otherwise.
Medicine and drugs are included as medical expenses
only if they are a prescribed drug or insulin. Medical expenses include
health insurance costs, transportation primarily for and essential to
medical care, and expenses for the diagnosis, care, mitigation,
treatment or prevention of disease. In addition, certain long-term care
insurance premiums are included. Medical expenses for dependents under
age 21 and one’s spouse are also allowable.
</td>
</tr>
</table>
<tr>
<td>What medical expenses are deductible?</td>
</tr>
<tr>
<td>
</td></tr>
<tr>
<td>Medical expenses are
deductible only to the extent they (1) exceed 7.5% of the taxpayer’s
adjusted gross income, and (2) are not compensated for by insurance or
otherwise.
Medicine and drugs are included as medical expenses
only if they are a prescribed drug or insulin. Medical expenses include
health insurance costs, transportation primarily for and essential to
medical care, and expenses for the diagnosis, care, mitigation,
treatment or prevention of disease. In addition, certain long-term care
insurance premiums are included. Medical expenses for dependents under
age 21 and one’s spouse are also allowable.
</td>
</tr>
</table>
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