In 2017, the Amount of the Deduction for Medical Expenses

question 121

True/False

In 2017, the amount of the deduction for medical expenses for regular tax purposes may be different than for AMT purposes if the taxpayer is at least age 65.

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Definitions:

National Debt

The total amount of money that a country’s government has borrowed, by various means, which it is obligated to pay back.

Sacajawea

A Lemhi Shoshone woman who is known for her help to the Lewis and Clark Expedition in achieving their chartered mission objectives by exploring the Louisiana Territory.

Shoshone

A Native American tribe originally from the western United States, known for their cultural richness and history of resistance.