Guest guest Posted December 11, 2006 Report Share Posted December 11, 2006 But the bottom line is that unless the total of all expenses claimed on Schedule A, minus the 7.5% of adjusted gross income equals more than the $10,300 standard deduction, then there is no reason to itemize, right?Line 40 of the 1040 states to put in itemized deductions or standard deduction. Married filing jointly is 10,300 bucks. I'm still going to do a practice schedule A just to see how close we come to 10,300 but I don't think we will be over that. I could add up every single thing we could possibly deduct but I don't think we would reach that. winnchimes [ ] Re: Medical Expenses to claim at Tax Time????? ________________________________________________________________________________\ ____ Want to start your own business? Learn how on Small Business. http://smallbusiness./r-index Quote Link to comment Share on other sites More sharing options...
Guest guest Posted December 11, 2006 Report Share Posted December 11, 2006 Yes, that is correct. Don't forget mileage. Pamela " Courage is doing what you're afraid to do. There can be no courage unless you're scared. " Eddie Rickenbacker, top US fighter ace, WWI _____ From: [mailto: ] On Behalf Of winnchimes Sent: Monday, December 11, 2006 11:09 AM Subject: [ ] Re:Medical Expenses to claim at Tax Time????? But the bottom line is that unless the total of all expenses claimed on Schedule A, minus the 7.5% of adjusted gross income equals more than the $10,300 standard deduction, then there is no reason to itemize, right?Line 40 of the 1040 states to put in itemized deductions or standard deduction. Married filing jointly is 10,300 bucks. I'm still going to do a practice schedule A just to see how close we come to 10,300 but I don't think we will be over that. I could add up every single thing we could possibly deduct but I don't think we would reach that. winnchimes [ ] Re: Medical Expenses to claim at Tax Time????? __________________________________________________________ Want to start your own business? Learn how on Small Business. http://smallbusines <http://smallbusiness./r-index> s./r-index Quote Link to comment Share on other sites More sharing options...
Guest guest Posted December 11, 2006 Report Share Posted December 11, 2006 So let me get this straight - we CAN claim supplements, but only if they're prescribed? This link from the Hewitt.com link that someone just posted says: " You cannot deduct expenses for cosmetic surgery, dancing lessons, diaper service, funeral expenses, health club dues, maternity clothes, nonprescription drugs, nutritional supplements, teeth whitening, or veterinary fees. " Thanks, Quote Link to comment Share on other sites More sharing options...
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