Medical Tax Deduction Letters

Medical Tax Deduction Letters

The IRS allows taxpayers to deduct some of their healthcare costs once they have spent up to a certain threshold (currently, 7.5% of annual income). If your CCRC is a Type A community, or offers an At Home program, your residents/members may be able to itemize as a Medical expense.

We can assist you in providing the appropriate medical tax deduction letter to your residents/members. Please contact me at rnavarro@continuingcareactuaries.com to discuss this further.