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Probably yes, until they audit you. I don't think many people who want to defraud IRS do it by faking 40 year old medical receipts.
by smsm42 3y ago
Probably yes, until they audit you. I don't think many people who want to defraud IRS do it by faking 40 year old medical receipts.
- ethbr1 3y agoMedical expenses is a deduction category that can be itemized? https://www.irs.gov/taxtopics/tc502 https://www.irs.gov/taxtopics/tc502 Never needed it, so don't know all the rules are, but I'd imagine the IRS gets a lot of fraud through it (since hospitals wouldn't report from their side).
- lotsofpulp 3y agoBut how would they audit it, if the healthcare provider has retired or deleted their records from 40+ years ago? Are healthcare providers keeping records that long?