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Originally Posted by Sage
some questions:
1- how much do you have to pay towards health stuff in order to claim it on your taxes? Can i claim the $20 deductible i paid every visit to the chiropractor's over the course of six months on my taxes, or do i have to have a certian amount of medical expenses to write it off on my taxes?
2- i was married on jan 6, so for the 2005 fiscal year can i claim myself as a dependent as i had been doing prior to being married? (my parents don't claim me as a dependent)
3- is it true that the # of dependents in the household is determined by the status of the household as of January 1? So, could i still claim myself as a dependent next year as i wasn't married until the 6 of jan?
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1) Lots. Medical costs are reduced by 7.5% of your AGI (bottom line of the first page of your 1040), and you need to itemize first. Standard deduction = no such luck.
2) You can't claim yourself as a dependent. You can claim an exemption for yourself, though. If you're married and file joint, you'd get one exemption for yourself and one for your wife.
3) Don't know where you're getting this one. Looks like for 2005, you'll be MFJ with 2 exemptions.