February 19, 2010
Hearing Aid Tax Credit Update
H.R. 1646, the Hearing Aid Assistance Tax Credit Act, will provide a tax credit of up to $500 per hearing aid, available once every 5 years, towards the purchase of a hearing aid, available to: 1) individuals age 55 and over, or 2) those purchasing a hearing aid for a dependent. The bill includes a $200,000/year income eligibility cap.
To read additional updates on the Hearing Aid Tax Credit Act, click here
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