Buried in Medical Bills? Here’s How to Use Them to Slash Your Taxes

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If your health care costs were substantial last year, you might be able to claim a deduction that lowers your taxable income, according to the Internal Revenue Service (IRS). The rules for writing off medical and dental expenses are specific, though. You can’t just deduct every copay or over-the-counter medication. To benefit, you must itemize your deduction — as opposed to taking the standard…

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