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"One-time" medical deduction for CCRC entrance fee over two years?
I understand there's a "one-time" deduction for a portion of the CCRC entrance fee as a medical expense. If this entrance fee is paid in two installments — one year and then the following year — can this deduction be taken in each year?
In other words, is this deduction available just once in relation to the total entrance fee payment? Or is it available once in each year a portion of the entrance fee is paid?
January 25, 2021
8:07 AM