Sars Medical Tax Credits 2024 Pdf

Sars Medical Tax Credits 2024 Pdf. On your tax return, you can deduct qualified expenses over $4,500 (7.5% of $60,000). You can generally include the qualifying expenses you paid for yourself, your spouse, and all dependents claimed on your return.

That’s $10,500 worth of qualifying medical expenses ($15,000 minus $4,500) for the year. On your tax return, you can deduct qualified expenses over $4,500 (7.5% of $60,000).