It’s Possible (But Not Easy) to Claim a Medical Expense Tax Deduction

Medical Expense Tax Deduction

Can you deduct your out-of-pocket medical costs on your tax return? It depends. Many expenses are tax deductible, but there are several requirements and limitations making it difficult for many taxpayers to actually claim a deduction. The rules Medical expenses can be claimed as a deduction only if your unreimbursed costs exceed 7.5% of your […]