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deductions

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Icon Mini Profile gregcooney1





Joined: 15 Oct 2009

Posts: 4

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Post Posted: Sun Nov 15, 2009 11:19 am    Post subject: deductions
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do medical and dental expenses get deducted dollar for dollar as unreimbursed employee expenses do
Icon Mini Profile jenkin7
jenkin7




Joined: 04 Jun 2007

Posts: 4537
Location: Hawaii
728.43 Dollars($)
Post Posted: Mon Nov 16, 2009 12:00 am    Post subject:
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Hi gregcooney,

As far as I know, you can deduct your medial and dental expenses if you itemize your taxes. However, you are allowed to include only those expenses that are in excess of 7.5% of your adjusted gross income. You need to consult a tax advisor if you want to deduct your medical and dental expenses from your taxes. A tax advisor or an accountant is the best person to guide you in this regard.
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