IRS Clarifies Medical Expense Rules
Healthy Food and Exercise Gear Excluded
According to FingerLakes, the IRS, which is like the government’s money department wants to make things clear about what people can and can’t claim as medical expenses in tax season. They say that stuff like healthy food and exercise gear doesn’t count as medical expenses you can get money back for, even though some ads say otherwise. They want to stop people from getting confused and accidentally owing more taxes in tax season.
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Tax Season Triumph – IRS Explains Medical Expenses and Healthy Living Deductions! (PHOTO: WCNC)
IRS Chief Cautions Against Misleading Ads
Danny Werfel, the head of the IRS warns people to follow the rules about medical expenses. He says don’t believe ads that promise money back for buying certain foods or exercise gear even with a doctor’s note. If unsure, check the IRS website for what counts as a medical expense. They aim to prevent mistakes and avoid extra taxes in tax season.
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