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A Strategy to Raise Your Medical Expense Deduction

A Strategy to Raise Your Medical Expense Deduction

by Lori Bowden | Mar 1, 2024 | Tax & Accounting

With a little planning, you may be able to boost your itemized medical expense deduction when you file your 2024 tax return next year. Only eligible expenses exceeding 7.5% of your adjusted gross income are deductible. It’s not an easy hurdle to clear, short of a...
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