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Financial Story
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  • No my friend
  • Are you serious?? What are you saying, Don’t you want your tax refunds
  • Hey Bunny, you seem to be very tensed these days, Is everything alright?
  • and my family has been dealing with covid problems since the beginning of the month, Health is bad and the expenditure keeps piling up.
  • Actually, my father and I were involved in an accident last month.
  • OMG! First of all, Are you guys alright?also, tell me about your problems, I might be able to help.
  • because we didn't have medical insurance and I also received money from my employer against covid expenditure.
  • Everybody is fine now but I am worried about the total expenditure
  • Hey buddy, don't worry so much, I am there if you ever need any help, as for the expenditure, listen to me carefully
  • Thanks Flippy I appreciate that, I'm all ears.
  • You know that you won't get any tax benefit since there was no medical insurance but if your parents are senior citizens,
  • Then you can claim deduction of medical expenses on actual basis.
  • OMG! Is that really so!!
  • Also Amounts received from your employer for COVID-19 treatments for you or your family are tax excused and are not subject to any limit whatsoever.
  • Flippy you are a lifesaver, Thank you so much!
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