Who is eligible for the medical care expense exemption for persons age 65 years or older?

If you or your spouse is 65 years of age or older and you paid unreimbursed and uncompensated medical care expenses of $28,000 or more during tax year 2013, you may claim an exemption of $3,000.

The medical care expenses may be made for the care of any combination of yourself, your spouse or dependents. The deduction is allowed for out-of-state residents with income tax responsibility to New Mexico. However, when medical expenses are incurred for services provided by a medical doctor, osteopathic physician or psychologist, the person providing the service must be licensed or certified to practice in New Mexico.

If you are eligible to claim the medical care expense exemption for persons age 65 years or older, you are also eligible to claim the Refundable Medical Care Credit for Persons 65 Years or Older, allowing an additional tax benefit. See the New Mexico Refundable Credits screen.

The types of medical expenses that you may include are described in this portion of the PIT-1 instructions with one exception. You may also include unreimbursed and uncompensated medical care expenses which have been included in itemized deductions on Schedule A, federal Form 1040.

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