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Dolence & Means Advisors

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Sure, we make swift work of your most pressing accounting needs. But what really sets us apart is ho

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Dolence & Means Advisors

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The Medical Expense Deduction<br /> <br /> Racked up a lot of medical bills in 2023? If you&#039;re itemizing on your tax return, you can deduct medical expenses exceeding 7.5% of your adjusted gross income (AGI).<br /> Here&#039;s how that might work. If your 2023 AGI was $60,000, then medical expenses beyond your first $4,500 in outlays are deductible (since $4,500 is 7.5% of $60,000). So if you incurred $5,000 in medical expenses in 2023, only your last $500 of that total is deductible. The first 7.5% is a wash, so to speak.<br /> <br /> Dolence &amp; Means Advisors<br /> Certified Public Accountants<br /> <a href="https://l.facebook.com/l.php?u=http%3A%2F%2Fwww.dolenceandmeans.com%2F&amp;h=AT2YSXDVvhz5Tr2SpYnbpjooRInIrdcMd1RcQWVejqHMeDWK81LO-Tee0yTJUgUEF76GmLJ0b7jpysIZAlzxRyTw2DPE2slbf_bgg7TtVrRrfVLaOtvjw_jEWmYSmg1MNlt--zi_wJs38EbU5BOr-HuKT9qckVqteYXP-w" rel="nofollow" target="_blank" data-lynx-mode="asynclazy">www.dolenceandmeans.com</a><br /> info&#064;dolenceandmeans.com<br /> 239.489.2607<br /> We are trusted advisors and dedicated partners. With a focus on people first, we provide tax and advisory services that meet your present needs and help you secure a prosperous future. Confident. Cared For. Cared About<br /> Accounting Services - Bookkeeping &amp; Payroll - Tax Preparation &amp; Planning Advisory Services<br /> Specializing in Small Businesses &amp; Personal Accounting<br /> #dolenceandmeansadvisors #accountingservices #bookkeepingandpayroll #taxprepartionandplanning #advisoryservices #fortmyersaccountants #southwestfloridacertifiedpublicaccountants #fortmyerscpa #naplescpa #bonitaspringscpa #southwestfloridacpa #floridaaccountingfirm #courtneybmeanscpa #smallbusinesstaxprep #personaltaxprep #fortmyerstaxprep #fortmyerscpafirm #medicalofficestaxprep #realestateofficestaxprep #fortmyersmedicalofficescpa

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