“We have extremely large medical over 70,000. Will this one handle all required for that? I had to take it out of an ira.”

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• This software can handle the necessary returns however only 5 e-files are free.

  Answered by CommunityAnswer 7 years ago

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• I believe is able to handle this issue. You will have to itemized deductions, but is permisible according the new law.if I were you I would look into this question on the IRS blog, to make sure you are working with the right software. Since you make a distribution from your IRA to pay for this expenses, be prepare to pay the taxes in this money, and depending in your age a possible penalty.

  Answered by Tulio 7 years ago

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• Yes it add the 70,00 to you medical expense.

  Answered by Tax2018 7 years ago

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