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Medical expense deductions are generally rare because the threshold percentage is significant.

True
False

1 Answer

3 votes

Final answer:

Medical expense deductions are rare due to the significant threshold percentage.

Step-by-step explanation:

Medical expense deductions are generally rare due to the significant threshold percentage. This means that individuals must spend a certain percentage of their income on healthcare costs before they can claim deductions. For most people, this threshold is quite high, making it difficult to qualify for medical expense deductions.

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User Ramsharan
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