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February 17, 2024
Question

Should I save four months of medical expenses for next year?

  • February 17, 2024
  • 1 reply
  • 0 views
How much medical expense do I need for a refund?

    1 reply

    TurboTaxSusan
    February 17, 2024

    The medical expense tax credit is a non-refundable tax credit that you can use to reduce the tax that you paid or may have to pay. It can’t be used to generate or increase a refund. So, if you don’t have any taxes payable, you will not get the credit.