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Re: SoxFan post# 270657

Thursday, 06/29/2017 5:35:32 PM

Thursday, June 29, 2017 5:35:32 PM

Post# of 475401
.. over 10% of AGI, or 7.5% if you or your spouse is 65 or older.

If you itemize your deductions for a taxable year on Form 1040, Schedule A (PDF), Itemized Deductions, you may be able to deduct expenses you paid that year for medical and dental care for yourself, your spouse, and your dependents. You may deduct only the amount of your total medical expenses that exceed 10% of your adjusted gross income or 7.5% if you or your spouse is 65 or older. The 7.5% limitation is effective only from January 1, 2013 to December 31, 2016 for individuals age 65 and older and their spouses. You figure the amount you're allowed to deduct on Form 1040, Schedule A.

https://www.irs.gov/taxtopics/tc502.html

Just to sneak that extra accurate detail in.

conix obviously doesn't know much at all about much of what she believes she knows.

It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”

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