Final answer:
Taxpayers using personal automobiles for medical transportation purposes may deduct a portion of their expenses. This deduction is called the medical expense deduction, and it allows taxpayers to deduct the costs of transportation to receive medical care.
Step-by-step explanation:
Taxpayers using personal automobiles for medical transportation purposes may deduct a portion of their expenses. This deduction is called the medical expense deduction, and it allows taxpayers to deduct the costs of transportation to receive medical care.
To qualify for the medical expense deduction, the transportation must be primarily for and essential to medical care. This includes trips to the doctor, dentist, hospital, and other medical facilities. Additionally, the deduction can be claimed for transportation expenses incurred by a taxpayer, their spouse, dependents, and anyone they can claim as a dependent.
It is important to note that only the portion of the transportation expenses that exceeds 7.5% of the taxpayer's adjusted gross income (AGI) can be deducted. For example, if a taxpayer's AGI is $50,000 and they have $5,000 in qualified medical transportation expenses, they can deduct $1,250 (5,000 - 7.5% of 50,000).