Tax Deductions on Medical Expenses – All you Need to Know

TAX DEDUCTIONS ON MEDICAL EXPENSES

What Are the Types of Medical Expenses that Are Tax Deductible? You can claim a tax deduction for your medical expenses such as insulin and prescription drugs if you meet certain criteria. You can deduct these expenses if they exceed 7.5% of your adjusted gross income (AGI), which is taxable income less certain adjustments. In … Read more