urance Portability and Accountability Act of1996): This act became a law on January 1, 1997. The act states the requirements that a long term care policy must follow in order that the premiums paid may be deducted as medical expenses and benefits not paid be considered as taxable income. Hospice Care: Care and comfort measures provided to those with a terminal illness and their families- it can include medical, counseling, and social services….
Filed under Franchise Tax Board Refund by on Apr 5th, 2011. Comment.
lifying therapy carried out by a practitioner (GP, consultant or dentist) provided this kind of practitioner is entitled below the laws of the country in which the care is offered to practice medication or dentistry there The expense of preservation or treatment method in a hospital, nursing house or clinic is allowable furnished that the institution is on the Income checklist of accepted hospitals and nursing houses. We have had a amount of peop…
Filed under How To Claim Tax Refund by on Mar 23rd, 2011. Comment.
mething that I think a lot of people miss, you know if you sit down trying to do your taxes yourself you miss, you overlook some deductions and something that Steve pointed out earlier was review frequently overlooked medical expenses. Steve, take us through some of those. Steve Kohman: Well there’s basic things, one of the things people miss is the medical care insurance premiums that are withheld from your social security income. ThatR…
Filed under 60 Second Tax Refund by on Mar 1st, 2011. Comment.