Why is the % deduction for medical expenses (7.5% for Federal vs 10% for NY)? Why didn't NY revert back to 7.5% ?
Why can I deduct medical expenses that exceed 7.5% of AGI for Federal returns while I can only deduct the excess of 10% of AGI for NYS?
Why can I deduct medical expenses that exceed 7.5% of AGI for Federal returns while I can only deduct the excess of 10% of AGI for NYS?
Because that is the federal and NY law. Federal was supposed to be 10% but some wranglimg brought it back to 7.5% for 2018.
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