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H.R.4104 - Savings on Medical Expenses for Seniors Act of 2014

To amend the Internal Revenue Code of 1986 to make permanent the 7.5 percent threshold for the medical expense deduction for people 65 or older. view all titles (2)

All Bill Titles

  • Short: Savings on Medical Expenses for Seniors Act of 2014 as introduced.
  • Official: To amend the Internal Revenue Code of 1986 to make permanent the 7.5 percent threshold for the medical expense deduction for people 65 or older. as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
02/27/14
 
 
 
 
 
 
 

Official Summary

Savings on Medical Expenses for Seniors Act of 2014 - Amends the Internal Revenue Code to make permanent the reduction in the threshold level (10% to 7.5% of adjusted gross income) for determining the amount of deductible medical expenses for individuals who have attained age 65.




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