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  2. Medical Expenses You Can Deduct From Your Taxes - AOL

    www.aol.com/finance/medical-expenses-deduct...

    With a hypothetical $6,500 in medical expenses, subtracting your $3,750 base amount from the $6,500 in expenses equals $2,750, which is your deduction if you choose to itemize rather than take the ...

  3. Top Tax Deductions and Tax Credits You Should Know for 2023 - AOL

    www.aol.com/finance/10-tax-deductions-know-2023...

    7. Medical and Dental Expenses. You can claim a deduction for medical and dental expenses that are greater than 7.5% of your adjusted gross income if you itemize deductions. Qualifying expenses ...

  4. Understanding eligible expenses for HRAs, QSEHRAs, and ICHRAs

    www.aol.com/understanding-eligible-expenses-hras...

    The allowance can reimburse employees for health care premiums and, in some cases, qualifying medical expenses. Like QSEHRAs, ICHRAs can help reimburse the cost of tax-free health insurance premiums.

  5. Should you itemize or take a standard deduction on your tax ...

    www.aol.com/news/itemize-standard-deduction-tax...

    When tackling your taxes, it can sometimes be hard to figure out whether to opt for a standard deduction or itemize. According to tax pros, itemizing generally only makes sense if your itemized ...

  6. A Guide to Tax Breaks for Medical Expenses for Seniors - AOL

    www.aol.com/guide-tax-breaks-medical-expenses...

    Many medical expenses can be tax-deductible, but the rules have always been complicated: To qualify for this tax break, you need to itemize your deductions, and then you can only deduct the ...

  7. What are standard and itemized tax deductions? - AOL

    www.aol.com/finance/standard-itemized-tax...

    You can choose which to take when you're filing your return. Because of itemized deduction caps and the standard deduction increase, the standard deduction gives almost 90% of tax filers the ...

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    related to: standard deduction replaced which allowances can you file for medical expenses