T
TweetyBird
Guest
My step daughter has well over $600,000.00 worth of medical bills that we have. We are responsible for the co-pays, deductibles, and out-of-pockets. What we have paid out is all of the above $2,500.00 as well as what the Insurance company deems Not-Covered-Expenses, that the proveider does not deduct, which then has to be paid by us. This is in excess of $2,000.00.
I was wondering what amounts of Medical bills that have been paid, that I can take off on my taxes, if any at all.
We are a married couple, so if I am not mistaken, correct me if I am wrong, we would of had to have paid out in medical the amount of the standard deduction?
Another question, we also pay his daughter for "College Expenses". It is paid directly to her, can we take that off as well under the Education Credit (Form # 8863)?
Thanks much in advance for more information.
TweetyBird
I was wondering what amounts of Medical bills that have been paid, that I can take off on my taxes, if any at all.
We are a married couple, so if I am not mistaken, correct me if I am wrong, we would of had to have paid out in medical the amount of the standard deduction?
Another question, we also pay his daughter for "College Expenses". It is paid directly to her, can we take that off as well under the Education Credit (Form # 8863)?
Thanks much in advance for more information.
TweetyBird