Halt Tax Increases on the Middle Class and Seniors Act This bill amends the Internal Revenue Code to roll back the increased income threshold for determining the amount of the tax deduction for medical expenses. Currently, individual taxpayers may only deduct those medical expenses that exceed 10% of their adjusted gross income. This bill reduces that percentage to 7.5%.
Health care costs and insuranceIncome tax deductions
To amend the Internal Revenue Code of 1986 to repeal the increase in the income threshold used in determining the deduction for medical care.
USA115th CongressHR-1051| House
| Updated: 2/14/2017
Halt Tax Increases on the Middle Class and Seniors Act This bill amends the Internal Revenue Code to roll back the increased income threshold for determining the amount of the tax deduction for medical expenses. Currently, individual taxpayers may only deduct those medical expenses that exceed 10% of their adjusted gross income. This bill reduces that percentage to 7.5%.