Arctic News – by tag – tax
Hot Tub or Swim Spa Tax Deductible?
WASHINGTON, DC – According to the 502 publication of the IRS some medical costs can be deducted when filing income tax. In its opinion letter, Index No. 213.05-00, “Section 213(a) allows as a [tax] deduction the expenses paid during the taxable year for medical care of the taxpayer, spouse, or dependent.” Under § 213(d)(1)(A), an [...]
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