How much is allowed for medical expenses in Chapter 13 plan?
Phoenix, AZ |
How much is a family of four (2 adults and 2 children) in bankruptcy allowed to deduct in medical expenses? Do these have to be actual expenses or are they allowed to deduct a certain amount regardles whether they incur such expenses?
You may have been confused by the two entries of this expenses that you must complete.
The 1st time you enter this information is in Schedule J “Expenses”
The 2nd time you enter this information is in the Means Test, B 22-A. This itemization includes provision for standard deduction of approximately $60 per person, but allows additional cost above the base amount.