Medical expenses come with tax benefits. Here’s how to maximize yours this year

CNBC - Sarah O'Brien

December 6, 2019

First, though, be aware that you must itemize your deductions to use the one for medical expenses.

“That means that you would have to have total deductions that exceed the [2019] standard deduction of $12,200 for single filers or $24,400 for married couples filing jointly,” said certified financial planner Katrina Soelter, director of wealth management for KCS Wealth Advisory in Los Angeles.

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