The IRS has changed the calculation for Itemized Medical Expenses on Schedule A of Form 1040. All unreimbursed medical expenses that exceed 7.5% of the taxpayer’s adjusted gross income are deductible.
The IRS has changed the calculation for Itemized Medical Expenses on Schedule A of Form 1040. All unreimbursed medical expenses that exceed 7.5% of the taxpayer’s adjusted gross income are deductible.