Answer:
False.
Step-by-step explanation:
The medical expense deduction is not explicitly designed to provide relief for doctors and medical practitioners. Instead, it is a tax code provision allowing individuals to deduct certain medical expenses from their taxable income. This deduction is available to taxpayers who incur significant medical expenses that exceed a certain threshold.
The medical expense deduction aims to provide financial relief to individuals and families facing high medical costs. It is intended to help offset the burden of medical expenses, regardless of the profession or occupation of the individual. Therefore, it is not limited to doctors and medical practitioners but applies to any taxpayer who meets the qualifying criteria.
To claim the medical expense deduction, taxpayers must meet certain requirements, such as itemizing their deductions and having eligible medical expenses that exceed a certain percentage of their adjusted gross income. Qualified medical expenses may include doctor's visits, hospital stays, prescription medications, medical devices, and other necessary healthcare costs.
The medical expense deduction is not explicitly targeted toward doctors and medical practitioners. The tax provision aims to provide relief for individuals and families with significant medical expenses, regardless of their profession or occupation.