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Updated 5 days ago on .
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2024 - Tax filing question
Hi,
We(wife and I) have an Adjusted Gross Income of 150K for 2024. Taxes = 6500. We have PAY BACK 9000+.......When we spoke to our tax consultant, he said we can claim medical bills if they are 7.5% of our Adjusted Gross Income..which comes to 11250,.....we do not have any mortgages.....We have medical bills of 16000+ for 2024.
I spoke to all our medical providers and got the receipts....
But now when I spoke to the tax consultant, he said we cannot claim the medical bills in standard or itemized returns...he is saying we need mortgages etc. to exceed 29,000........
Can we claim just the medical bills,....and don't have to pay back 9000??
Appreciate your inputs...