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Deductions & credits
the medical bills you pay net of any insurance qualify for a deduction on schedule A. the total is reduced by 7.5% of your adjusted gross income. for the remainder to be of any benefit, your itemized deductions must exceed your standard deduction which is $12,950 in 2022 (single). for federal purposes, there are no special credits or deductions
‎June 29, 2022
8:41 AM