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
If your employer does not provide health insurance, you may count your entire premium toward the medical expense deduction. Your medical expenses must exceed 7.5 percent of your adjusted gross income.Beginning Dec. 12, 2012, your medical expenses must exceed 10 percent of your AGI to be eligible for the deduction.ealth insurance premiums are frequently tax deductible. Health insurance premiums can take a major bite out of your budget. This is especially true if you pay for private health insurance. The Internal Revenue Service does provide some relief inthis area for taxpayers on their federal income tax returns.