5 Tax Breaks for 2019 You Should Not Miss


Medical expenses tax breaks

Yes, you can still include medical expenses as part of your deductions. In 2018, you could deduct medical costs above 7.5% of your adjusted gross income.

In 2019, the medical deduction will move to a 10% threshold. However, it is still a worthwhile deduction.

It might make sense for you to be appropriately prepared with receipts and records, just in case you have a major medical expense during the year.