From July 1 to December 31 2008, you can get .27 cents per mile. For Jan 1st to June 30th 2008, you can 19 cents per mile. -Danny
No, a rainbow vacuum is not a medical tax deduction.
0.14/mile 0.14/mile
Currently in the U.S. the IRS allows .55 per mile as a standard mileage deduction.
The Wisconsin Department of Revenue announced June 25, 2008 that they will be apply the recent increase by the IRS increased mileage reimbursement. Effective from July 1, 2008 to December 31, 2008, the mileage reimbursement rates are as follows: 58.5 cents per mile for business purposes 27 cents per mile for medical and moving expenses The Wisconsin Department of Revenue announced June 25, 2008 that they will be apply the recent increase by the IRS increased mileage reimbursement. Effective from July 1, 2008 to December 31, 2008, the mileage reimbursement rates are as follows: 58.5 cents per mile for business purposes 27 cents per mile for medical and moving expenses
When you are filing free taxes, be sure to consider every possible deduction for which you qualify. Deductions are what allow people to avoid having to pay heavy taxes. One deduction that people frequently miss out on is a medical expense deduction. If your medical expenses total more than 7.5% of your total adjusted gross income, then you will be able to qualify for a deduction on medical expenses. You will be able to write off any expenses associated with your medical care, such as traveling to and from doctor's appointments and the purchase of any medical equipment for your treatments.
You have to itemize your medical expenses in order to get a deduction for hearing aids. Then you only get to deduct the amount of medical expenses that are above 7.5% of your adjusted gross income.
No. Medical insurance covers medical expenses, not insurance premiums.
The Wisconsin Department of Revenue announced June 25, 2008 that they will be apply the recent increase by the IRS increased mileage reimbursement. Effective from July 1, 2008 to December 31, 2008, the mileage reimbursement rates are as follows: 58.5 cents per mile for business purposes 27 cents per mile for medical and moving expenses The Wisconsin Department of Revenue announced June 25, 2008 that they will be apply the recent increase by the IRS increased mileage reimbursement. Effective from July 1, 2008 to December 31, 2008, the mileage reimbursement rates are as follows: 58.5 cents per mile for business purposes 27 cents per mile for medical and moving expenses
An employer can pay any amount they want for gas mileage. The federal government allows an employee to claim a deduction for the business mileage if the employer does not reimburse the employee for the expense.
I’ve written before about the deduction that the IRS allows for medical expenses. Before we get to the change in the IRS guidelines for tax year 2013, let’s recap a little bit. The IRS allows you to deduct certain medical and dental expenses from your taxable income. This is a “below-the-line” deduction, which means it takes place after your Adjusted Gross Income (or AGI is calculated). And it’s necessarily a “below-the-line” deduction because in order to claim the deduction your medical and dental expenses must exceed a percentage of your AGI. This means that you can’t start counting the deduction from dollar one spent on medical expenses. In fact, historically you could only deduct that portion which exceeded 7.5% of your AGI. This means that if, in tax year 2012, if your AGI was $100,000, the first $7,500 of medical expenses were on you. Only the amount which exceeded this threshold was allowed to be claimed as a deduction. Everything changes this year. In fact for 2013, it gets worse. Now instead of meeting the threshold of 7.5% of your AGI, taxpayers are only allowed a deduction for medical expense which exceed 10% of their AGI. So given the above example, it wouldn’t be until your medical expenses reached $10,000.01 that you could even think about taking this deduction. So if your medical expenses totaled $11,000, you could only claim a deduction for $1,000. There is one exception to this new rule. Those taxpayers which are 65 years or older are still allowed to claim a deduction for the amount which exceeds 7.5% of their AGI. To learn more about this new IRS policy, as well as to ascertain exactly which medical and dental expense are allowed to be included in the deduction calculation please refer to IRS publication #502.
$.505 www.gsa.gov/mileage
If you use the records to assist in your medical care, it seems like a reasonable deduction. If you are getting the records just because you are curious to see what's in them or for some non-medical purpose, then it might be a stretch to claim a deduction.