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Beginning with 2017 returns due in 2018, the threshold for deducting medical costs on Schedule A jumps to 10% of adjusted gross income for taxpayers who are age 65 or older. This higher floor, set as part of Obamacare, has applied to younger filers since..
Established in 1992, Kevin L. Pohle, CPA, LLC has been providing exceptional tax and accounting services to businesses and individuals throughout Western New York for over 20 years.