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I want to know how much money one can deduct on your tax return for medical expenses if you do not have a flexible spending account at your job?


ANSWER


The BIDaWIZ Team's Answer:

You may deduct your medical expenses, health insurance, medical mileage, etc.,

on Schedule A, of your Form 1040.The total amount, that exceeds 7.5%, of your

adjusted gross income [ AGI], constitutes the amount that is deductible.

The BIDaWIZ Team

 

 

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