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Answer the following Essential Question: What is the difference between Qualified Medical Expenses and deductible...

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Accounting

Answer the following Essential Question: What is the difference between Qualified Medical Expenses and deductible medical expenses?

Guiding Hints/Questions:

- are qualified medical expenses equal to the amount a taxpayer can claim on schedule A?

- give an example of how qualified medical expenses will differ from the actual amount the taxpayer can deduct.

- don't forget the limitations placed on medical expenses for 2019.

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