Tax Tip #4 in our Series of Tax Tips….
A new change came into place in 2010 which affects the medical and dental expenses which can now be claimed for tax purposes. Medical or dental services or related expenses which are provided for purely cosmetic purposes are no longer eligible medical expenses for purposes of the medical expense tax credit, unless the services are necessary for medical or reconstructive purposes. This is effective for expenses incurred after March 4, 2010.
Has this change affected you in anyway?
Copyright: olegdudko / 123RF Stock Photo