What is a medical expense for tax purposes? Briefly describe why…What is a medical expense for tax purposes? Briefly describe why some taxpayers can deduct the cost of “plastic surgery” and some, for the same procedure, cannot claim a deduction. If taxpayer installs a medically required elevator at a cost of $10,000 – and, as a result, the FMV of the home increases by $3,000, how much is the medical deduction? LawSocial ScienceTax law TAX 250
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