American Tax Service

Helping Americans File Their Taxes

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Medical and Dental Expense Tax Deductions for 2016 – How it Works

If you pay out-of-pocket (OOP) for medical or dental care, you may be able to write some of it off on your taxes. In some cases, you may be able to write-off some travel costs as well. Even some prescription medication costs can be written-off. This is a valuable deduction opportunity for those without health … Read the rest

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How to know if Your Medical Expenses are Tax Deductible

Did you spend a ton of money on medical expenses last year? If so, you may qualify for the medical expense tax deduction. This means you must spend more than 10% of your AGI on medical expenses (7.5% if you are older than 65) to qualify. Therefore, go look at your finances now and see … Read the rest