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Income Tax Planning
Chapter 7: Itemized Deductions/CAPITAL MEDICAL EXPENSES
Warren Academy Course SyllabusSyllabus Slides
Chapter Study Session

Chapter 7: Itemized Deductions

CAPITAL MEDICAL EXPENSES

01.Core Concepts

• Includes: • Wheelchairs • Medical beds • Seeing eye dogs • Must be: • Medically necessity • Advised by a physician • Used primarily by patient • Reasonable • Maintenance on capital expenditures also deductible as medical expense