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How Does Claiming a Medical Expense Deduction on Your Taxes Work?
Motley Fool· 1 year agoMedical bills are a major expense a lot of people have to bear. In fact, a big contributor to U.S....
Taxpayer tries to claim parking costs as medical expense, claiming discrimination for travelling...
Financial Post via Yahoo Finance· 1 year agoIt’s too early to begin filing your 2022 personal tax return — electronic filing of T1 returns only...
CRA denies taxpayer's medical expense credit for his visiting father's hospital stay
Financial Post via Yahoo Finance· 1 week agoOne of the more popular tax credits, claimed by more than five million Canadians annually, is the...
Is health insurance tax deductible? Here’s what you can claim.
Yahoo Personal Finance· 2 months agoHealth premiums for employer-sponsored plans typically aren’t tax deductible, but in some cases,...
The CRA generally lets you claim family medical expenses — not this time
Financial Post via Yahoo Finance· 1 year agoTax season is upon us and while the filing deadline is May 1 (April 30, the normal due date, falls...
Is Private School Tuition Ever Tax-Deductible?
SmartAsset via Yahoo Finance· 2 years agoClaiming tax deductions can help to reduce your taxable income for the year. As a parent, there are a number of child-related expenses you might be able...
Why CRA denied taxpayer's medical expense claims related to moving because of disability
Financial Post via Yahoo Finance· 1 year agoWith mere days to go before the Canada Revenue Agency‘s May 1 general personal tax filing deadline,...
Take Advantage of These 14 Commonly Missed Tax Deductions
GOBankingRates via Yahoo Finance· 1 year agoThe day you've been dreading is approaching: Tax Day. To prepare for that ominous deadline -- or see...
Can you claim yourself as a dependent?
Yahoo Personal Finance· 3 months agoClaiming dependents on your tax return can save you money, but unfortunately, you can’t claim yourself as a dependent. A tax dependent is someone who...
How to choose the right federal tax filing status
Yahoo Personal Finance· 3 months agoIf you’ve ever stared down IRS tax brackets trying to figure out where you fit, you’ll notice filing status has an outsized impact on your federal income...
