Tax changes: no medical expense deduction for abortion costs.
This bill changes tax rules so that expenses for abortion cannot be deducted as medical costs. This means citizens will not be able to reduce their taxable income by amounts spent on such services, which may affect their personal finances.
Key points
Abortion expenses will no longer qualify as deductible medical expenses for tax purposes.
This change may increase the tax burden for individuals incurring such expenses.
The new rules will apply to tax years beginning after the bill becomes law.
Status:
Introduced
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