It is more reasonable to look at the actual law than to treat the instructions as law.BongoThe words that you inserted are not in the instructions. It is more reasonable to say that the instructions mean precisely what they say. So you can insert them for your tax return, but I will use the algorithm of the tax program for mine.
The instructions probably just left out the words "for this tax year" where I marked. Tax form instructions are always for a specific year and that phrase is implied in many places. It would be too redundant to explicitly state it in just about every sentence.
26 USC 213:
CA RTC:(a)Allowance of deduction
There shall be allowed as a deduction the expenses paid during the taxable year, not compensated for by insurance or otherwise, for medical care of the taxpayer, his spouse, or a dependent (as defined in section 152, determined without regard to subsections (b)(1), (b)(2), and (d)(1)(B) thereof), to the extent that such expenses exceed 7.5 percent of adjusted gross income.
17201. (a) Part VI of Subchapter B of Chapter 1 of Subtitle A of the Internal Revenue Code, relating to itemized deductions for individuals and corporations, shall apply, except as otherwise provided
Statistics: Posted by toddthebod — Sat Jul 27, 2024 2:21 pm — Replies 13 — Views 752