_____ 13. Beginning in 2017, qualified medical expenses for a 66-year-old single individual must exceed 10 percent of AGI to be deductible for regular income tax purposes.

Question

Quizplus · Accepted Answer

The threshold for qualified medical expenses to be deductible for regular income tax purposes increased from 7.5 percent of AGI to 10 percent of AGI for individuals under age 65 beginning in 2013, and for individuals age 65 and older beginning in 2017.

_____ 13 Beginning in 2017, Qualified Medical Expenses for a 66-Year-Old