A chance of showers and thunderstorms in the morning. Windy and less humid with highs in the upper 60s. Southwest winds 15 to 25 mph with gusts up to 35 mph...Becoming west 25 to 30 mph with gusts up to 45 mph in the afternoon. Chance of rain 50 percent.
Tax relief can offset these costs by allowing you to lower your tax burden so that you pay less income tax. Can You Deduct Medical Expenses? Yes, you can claim medical expenses on taxes. The IRS permits you to deduct the portion of your medical expenses that exceed 10 percent of your adjusted gross income. The threshold is 7.5 percent if you or your spouse is 65 or older. How to Calculate Your Tax Deduction for Medical Expenses
Instead, you can only deduct the portion of your medical expenses in excess of 10 percent of your adjusted gross income, or AGI. For example, if you have an AGI of $60,000, the first $6,000 of your medical expenses isn't deductible. If you have $7,500 in medical expenses, you could only write off $1,500.he medical expenses deduction is an itemized deduction, which means you can't claim it unless you give up your standard deduction and itemize. Plus, the medical expenses deduction isn't a dollar-for-dollar deduction.