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Of the Following Statements About Medical Expenses, Which One Is

Question 78

Multiple Choice

Of the following statements about medical expenses, which one is correct?


A) A taxpayer can only claim his own medical expenses.
B) The claim must be made in the calendar year the expense was incurred.
C) Only expenses in excess of a specified amount are eligible for a tax credit.
D) The amount of the tax credit is dependent on the taxpayer's marginal tax rate.

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