Monday, July 4, 2011

I had a lot of dental work done this year. Can I deduct it from my taxes?

I alone spent a little over $14000 in 2007 on dental work and my husband spent about $7500. Can we use this as a tax deduction as we did not have any insurance and paid out of pocket?
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If you itemize, you list it as a medical expense. The first 7.5% of your AGI doesn't count.
Source

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