Tag Archives: medical care

Once you’ve put your day job behind you, and settled into the sweet life of retirement, it doesn’t mean tax time has come to an end. Likely, you’ll receive a Form SSA 1099, Social Security Benefit Statement (or RRB – 1099 if you are in Railroad Retirement). If you have additional income, your benefits may […]

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If you itemize your deductions for a taxable year on Form 1040, Schedule A, you might be able to deduct expenses you paid that year for medical and dental take care of yourself, your partner and your dependents. For a long time beginning after December 31, 2012, you could deduct only the total amount of […]

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Deduction of Medical Expenses

Medical expenses are defined as any costs related to diagnosing, curing, mitigating, treating, or preventing disease. These services can affect any functionality of the body. Expenses also include monies paid to doctors, dentists, surgeons, and other medical staff who provided legal medical care, as well as the cost of any supplies, equipment, or devices necessary […]

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