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Assuming that the expenses that qualify for a disability supports deduction also qualify for a medical expense tax credit, which of the following is NOT
Assuming that the expenses that qualify for a disability supports deduction also qualify for a medical expense tax credit, which of the following is NOT a reason why an individual would prefer to claim the expense as a disability supports deduction rather than a medical expense tax credit? Question 17 options: a) If the individual is in any tax bracket other than the lowest tax bracket, the disability supports deduction has greater value than the medical expense tax credit. b) A medical expense credit claim for a full-time attendant precludes the taxpayer from claiming the disability tax credit. c) The basis for the medical expense credit is reduced by the lesser of 3% of the individual's net income and a specified amount. d) The allowable limit for the medical expense tax credit is lower than the allowable limit for the disability supports deduction
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