Don’t want to give CNN-Money the click revenue....what about the medical expense deduction? My middle-class parents have huge skilled nursing expenses right now (Dad in a nursing home)....2017 will be the 1st tax year they will be able to use the medical expense deduction, and then not in 2018?!?
Don’t want to give CNN-Money the click revenue....
You want to deprive them of almost half a penny?
Jow heartless.
It expands the medical expense deduction, while the House bill gets rid of that deduction, the Senate bill not only keeps it but temporarily lowers that 10% threshold to 7.5% for tax years 2017 and 2018.