IRS News Proposed regulations address direct primary care arrangements

Proposed regulations address direct primary care arrangements and health care sharing ministry memberships https://www.irs.gov/newsroom/proposed WASHINGTON — The Internal Revenue Service today released proposed regulations addressing the treatment of certain medical care arrangements under section 213 of the Internal Revenue Code.  Section 213 of the Code allows individuals to take an itemized deduction for expenses for medical care, including insurance for medical care, to the extent the expenses exceed 7.5% of adjusted gross income.