Itemized/Standard Deduction

2018-Itemized deductions-medical expenses

Answer:

For tax years beginning after December 31, 2016 and before January 1, 2019, medical expenses, for all taxpayers, are deductible to the extent that they exceed 7.5% of AGI.

In addition, the AMT preference related to medical expenses is eliminated.
CPAdirectory
Answer Provided by: CPAdirectory

Share This Answer

Looking For More?

View all Itemized/Standard Deduction Questions

View More Questions