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Subject:
Massachussets tax deductions
Category: Business and Money Asked by: kukoc-ga List Price: $2.00 |
Posted:
28 May 2005 14:56 PDT
Expires: 27 Jun 2005 14:56 PDT Question ID: 526720 |
on schedule Y, can you deduct health expenses listed on the federal form schedule A? |
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There is no answer at this time. |
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Subject:
Re: Massachussets tax deductions
From: mike61-ga on 31 May 2005 17:30 PDT |
The deduction for Medical and Dental expenses from Schedule A of the Federal return is the excess over 7.5% of your adjusted gross income and that appears on line 4 of Schedule A. That number is deductible on Massachusetts Form 1 on line 2e. of the Massachusetts Residents Income Tax Return. Schedule Y line 5 of the Massachusetts return allows deduction for Self-employed health insurance deduction as well as Medical savings account deductions. |
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