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Tax Tips, Finance Tips, Fun Events

Tips for Individuals, Businesses and Charities. Fun Events.

Medical Expense Tax Deduction Tips

I was quoted on little known medical expense deductions. October 29, 2024 USA Today.

Not everyone can benefit from a medical expense deduction since you need to (a) itemize deductions and (b) medical expenses must exceed 7.5% of your adjusted gross income.

So see my tip on using FSA and HSA funds.

https://www.usatoday.com/story/money/personalfinance/2024/10/29/condoms-tax-deductible-itemize-irs/75839209007/

Richard Pon CPA, CFP