The medical expense deduction gets a temporary boost under the new tax law. Taxpayers can claim medical expenses as an itemized deduction to the extent the costs exceed a limit. For decades, that limit was 7.5% of adjusted gross income (AGI). Then, in recent years, the limit was raised to 10% of AGI. However, the Tax Cuts and Jobs Act rolls back that limit to 7.5% for both 2017 and 2018, allowing more people to qualify for this tax break, if they continue to itemize deductions. Check with…
Banking and Capital Markets Law, Commercial Law, Germany
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Charles Kushner (born May 16, 1954) is an American real estate developer. He foundedKushner Companies in 1985. In 2005, he was convicted of illegal campaign contributions,tax evasion, and witness tampering, and served time in federal prison. After his release, he resumed his career in real estate. His son is Jared Kushner, who is the husband of Ivanka Trump and son-in-law and senior advisor to President of the United StatesDonald Trump.