Question

The objective of the medical expense deduction is to reduce the after-tax cost of medical treatment for all taxpayers, even for those taxpayers with little medical expense.

True
False

Answer 1

The objective of the medical expense deduction is to reduce the after-tax cost of medical treatment for all taxpayers, even for those taxpayers with little medical expense. This statement is True.

Step-by-step explanation:

The objective of the medical expense deduction is to reduce the after-tax cost of medical treatment for all taxpayers, even for those taxpayers with little medical expense.This statement is True.Medical expenses can be deducted from a taxpayer's income when calculating their taxable income. This deduction helps to reduce the amount of tax owed, thereby reducing the after-tax cost of medical treatment. This benefit is available to all taxpayers, regardless of the amount of medical expenses they have incurred.