In the correspondence, the coalition said for the past 75 years, people with high health care costs have been able to deduct medical expenses from their taxes. And, for the approximately 4.4 million Americans who annually do this, the deduction provides important tax relief in helping to offset the costs of acute and chronic medical conditions for older Americans, children, pregnant women, and other adults, as well as the costs associated with long term care and assisted living. You can read more on this Coalition effort and the medical expense deduction in this Provider article.
Monday, June 24, 2019
Medical Expense Deduction Coalition Praises House, Senate Legislation
The
American Health Care Association/National Center for Assisted Living has joined
with other members of the Medical Expense Deduction Coalition, including AARP,
on a letter to lawmakers who introduced bipartisan legislation in the House and
Senate to make permanent the 7.5 percent threshold for the medical expense
deduction. The coalition sent the
correspondence to Reps. Katie Porter (D-Calif.) and Kenny Marchant (R-Texas) in
support of H.R. 2073 in the House and to Sens. Susan Collins (R-Maine) and
Maria Cantwell (D-Wash.) to back companion legislation in the Senate, S. 110. In the House, the bill was referred to the
Ways and Means Committee for further action and in the Senate to the Finance
Committee.
In the correspondence, the coalition said for the past 75 years, people with high health care costs have been able to deduct medical expenses from their taxes. And, for the approximately 4.4 million Americans who annually do this, the deduction provides important tax relief in helping to offset the costs of acute and chronic medical conditions for older Americans, children, pregnant women, and other adults, as well as the costs associated with long term care and assisted living. You can read more on this Coalition effort and the medical expense deduction in this Provider article.
In the correspondence, the coalition said for the past 75 years, people with high health care costs have been able to deduct medical expenses from their taxes. And, for the approximately 4.4 million Americans who annually do this, the deduction provides important tax relief in helping to offset the costs of acute and chronic medical conditions for older Americans, children, pregnant women, and other adults, as well as the costs associated with long term care and assisted living. You can read more on this Coalition effort and the medical expense deduction in this Provider article.
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