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Certain Diagnostic Medical Expenses Are Now Tax Deductible

12. March 2008 09:00

New ruling holds that amounts paid for diagnostic and certain similar procedures and devices, not compensated by insurance or otherwise may be tax deductible. While the ruling admits that the diagnosis of a physician is important, it is not always necessary to determine a deductible expenses if the expenses are for items that are wholly medical in nature and serve no other function in daily life.

For more information on expenses which may be deductible, click here.

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