What are the requirements for extraordinary charges?

Question

Accepted Answer

To qualify for this income deduction, extraordinary expenses must meet certain criteria:

They must significantly reduce the taxpayer's ability to pay.
An expense is considered extraordinary if it is not typically incurred by the majority of taxpayers in similar income situations.
An extraordinary expense must also be unavoidable, meaning material, legal, or moral reasons prevent the taxpayer from avoiding it.
Only expenses actually incurred by the taxpayer are considered.
Any reimbursements must be deducted from the total expenses.
To be considered genuine, expenses must exceed a percentage of income determined based on family situation.