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IRS Medical Deductions Allowed

The IRS Medical Deductions Allowed – Is it always a good time to check? By: David G. Parent, Esq. Once upon a time — and this is unknown to most people born before 1950, Taxpayers took great careful track of their health care expenses. But then, the tax reforms in the 1980’s resulted in an exclusion of most medical expense deductions allowed (amounting to 7 and ½ percent of adjusted gross income). The result was that for many taxpayers, there […]

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