Because of changes made by the 2017 Tax Act, most taxpayers will not find it worthwhile to save all those receipts in order to itemize medical deductions. Starting in 2019, medical deductions must exceed 10 percent of adjusted gross income before taxpayers can itemize. That’s a high bar.
ARTful Deductions
ARTful Deductions: On Allowing Intended Parents and the Socially Infertile to Deduct Medical Expenses
Bill Singer & John T. Passante
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