Is the elimination of the medical expense deduction still in the Senate bill? It is still in the house version I think:
https://khn.org/news/house-tax-bill-would-scrap-deduction-for-medical-expenses/
Going to be bad for my middle class parents with Dad in skilled nursing at $8K+ /mo.. Why all the playing with deductions? Either eliminate all deductions (including “standard & “personal”) and adjust the tax rate to compensate and result in a tax cut, or leave them “as-is” and adjust the tax rate for a middle-class tax cut. This “picking & choosing middle class winners & losers” is bogus.
Same with my parents, not in skilled care per se, but able to deduct home care and numerous medical bills. Why did they go after the elderly?