greencymbeline OP t1_je8qopx wrote on March 30, 2023 at 6:08 AM

Reply to How should I deal with very high medical expenses on a low income in our taxes? by greencymbeline

I just want to add here—for anyone’s info or curiosity. We have NO debts, even credit card debt. Stellar credit scores. No student debt (both college grads), no car debt, no loans, no mortgage.

My disability (me getting sick) took away a HUGE part of our income.

greencymbeline OP t1_je8q2c9 wrote on March 30, 2023 at 6:00 AM

Reply to comment by NotThatGuy_Pal in How should I deal with very high medical expenses on a low income in our taxes? by greencymbeline

We rent and have only minimal taxes on our old cars.

Thanks for the info, this is helpful.

greencymbeline OP t1_je8pxf2 wrote on March 30, 2023 at 5:58 AM

Reply to comment by DeluxeXL in How should I deal with very high medical expenses on a low income in our taxes? by greencymbeline

We rent.

greencymbeline OP t1_je8iso2 wrote on March 30, 2023 at 4:37 AM

Reply to comment by DeluxeXL in How should I deal with very high medical expenses on a low income in our taxes? by greencymbeline

I made an edit in my OP: our income is $55k, not $65k.

Thank you for the explanation, although I’m not sure what the outcome means. Thanks for the info about the gift.

greencymbeline OP t1_je8gxdb wrote on March 30, 2023 at 4:18 AM

Reply to comment by DeluxeXL in How should I deal with very high medical expenses on a low income in our taxes? by greencymbeline

Usually we would do standard, but this year it’s been so high due to dental stuff, I’d have to think itemizing would result in a better outcome. But that’s what I’m here asking. I know no one here can do my taxes here or tell me the exact answers but just looking for info.

Does it matter that the $24,000 was a gift?