One quick question. If I buy medical and life insurance for parent, can it be considered as medical expense for parents and deductible from tax? Thanks.
Personal relief Income tax, legally, reduce income tax
Personal relief Income tax, legally, reduce income tax
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Mar 3 2008, 11:24 PM
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#1
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Junior Member
134 posts Joined: Nov 2005 |
One quick question. If I buy medical and life insurance for parent, can it be considered as medical expense for parents and deductible from tax? Thanks.
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Mar 12 2008, 11:25 PM
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#2
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Junior Member
134 posts Joined: Nov 2005 |
Hi,
For receipt from hospital, to claim tax under perubatan ibu bapa the receipt is written the parent's name which is the patient. Can it be claimed in this manner? Anyone has any experience on this. Thanks. |
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Mar 19 2008, 01:02 AM
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#3
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Junior Member
134 posts Joined: Nov 2005 |
Hi,
If I have exceeded the tax relief under kwsp/life insurance category, can I ask the insurance com to shift some of the balance to medical insurance category. Currently my insurance covers both medical and life. Thanks. |
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