{"id":706,"date":"2016-10-19T15:28:04","date_gmt":"2016-10-19T15:28:04","guid":{"rendered":"http:\/\/www.chriswhalencpa.com\/?p=706"},"modified":"2017-04-23T00:57:53","modified_gmt":"2017-04-22T13:27:53","slug":"tax-memo-medical-expenses-can-deduct","status":"publish","type":"post","link":"https:\/\/www.chriswhalencpa.com\/tax-memo-medical-expenses-can-deduct\/","title":{"rendered":"Tax Memo – What Medical Expenses Can You Deduct?"},"content":{"rendered":"

I get this question almost everyday. Many people miss out on medical deductions for two reasons:<\/span><\/p>\n

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  1. They believe that they will not have enough to reach the minimum based on IRS restrictions.<\/span><\/li>\n
  2. They don\u2019t know all of the items that are deductible.<\/span><\/li>\n<\/ol>\n

    Important Note:<\/b> NJ\u2019s restrictions on medical deductions, that they need to exceed 2% of gross income, is much lower than the federal. So, even if there is no federal benefit, many of my clients still get a substantial NJ tax deduction. My suggestion is to always provide me with your total medical related expenses when we meet to go over your tax information.<\/span><\/span><\/p>\n

    Here is detailed list of qualified medical expenses. <\/span><\/p>\n