Medical Expenses

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  • Unregistered
    #1

    Medical Expenses

    Client has high medical expenses but because he sold his building in 2005 his AGI is also high. As a result he can not get benefit on SCH A (after 7.5% limitation).

    Can he deduct next year (2006) or he has to deduct this year (2005)?

    Thank you!
    Tags: None
    • Brian EA
      Senior Member
      • Dec 2005
      • 786
      #2
      Originally posted by Unregistered
      Client has high medical expenses but because he sold his building in 2005 his AGI is also high. As a result he can not get benefit on SCH A (after 7.5% limitation).

      Can he deduct next year (2006) or he has to deduct this year (2005)?

      Thank you!
      Deduct in year paid.
      Everybody should pay his income tax with a smile. I tried it, but they wanted cash

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