The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retire Early CampFIRE

URL:  http://boards.fool.com/didnt-know-about-the-change-in-deductible-30377090.aspx

Subject:  Re: 3.8% tax on investment income Date:  11/12/2012  3:45 PM
Author:  TerryMcK Number:  654810 of 753960

Didn't know about the change in deductible medical expenses. I'm just starting to keep track of that

That is the strangest one of all. In a bill that is touted to provide more medical coverage, reduce expenses, etc. they are going to punish people who have high medical bills by raising the bar to claim medical expenses from 7.5% to 10% of AGI. Another fine example of not reading the bill.
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us