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Posts from March 27, 2018
The Medical Expense Deduction in 2018
Tax reform has lowered the threshold. Provided by Marc Aarons @ Money Managers, Inc. If you itemize, you should note the reduced medical deduction threshold for 2018. This year, you can deduct qualified medical expenses exceeding 7.5% of your adjusted gross income. Next year, the threshold for the medical expense deduction returns to 10% […]
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